Staffgroup appoints CFO
Slipper joins from the private equity firm Gresham where part of his portfolio was supporting the organic growth of a global specialist recruitment business.
The role is a newly established one within the business which will help drive the Group’s ambitious financial and strategic objectives over the coming years.
Staffgroup is on course to turnover £52m in 2014 with a gross profit of £13m – the aim is to increase turnover to £100m within three years.
Commenting on the appointment, Mark Znowski and Paul Flynn, Staffgroup’s joint owners, said, “Getting James on board was key for us. We have been talking about the & lsquo;Next Chapter’ at Staffgroup throughout 2014 and this appointment is a real statement of intent from the business. We believe that James’ experience of supporting the organic growth plans of recruitment businesses gives our brands the chance to build on the exceptional successes we have seen this year, and indeed throughout our history.
"2014 has been one of milestones for our brands: Eurostaff in Berlin has tripled in size in a 12 month period and now offers a specialist finance offering alongside our technology business, whilst Earthstaff established a permanent presence in both Hamburg and Houston – we hope that 2015 will see further milestones for the Group and we have the confidence that James’ experience will really add value to our existing Board.”
Slipper, who was previously a director at Deloitte prior to joining Gresham, said, “Staffgroup has huge potential for further growth. The achievements so far from the business have been realised from continuous organic growth which is exceptional. The growing presence in Germany as well as the recent venture into the US shows the Eurostaff and Earthstaff brands are moving in the right direction and I'm looking forward to using my experience to help push the Group to the next level.”