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CTPartners announces key management change

Brian Sullivan, CTPartners' current Chairman and Chief Executive Officer, in conjunction with the Board, has agreed to leave the firm after more than ten years, effectiveApril 2. The Board is conducting a search for a new non-executive director to chair the board.

"Sylvain is a world-class executive with a sophisticated understanding of global leadership needs and a strong track record of success in growing CTPartners’ European operation and board practice. He has effectively operated as the number two executive at CTPartners, has the complete trust and confidence of partners and the Board, and is the ideal person to lead CTPartners going forward," said Thomas Testwuide, Chair of the Nominating Committee.

Ronald Parker, Chair of the Board Special Committee continued: "On behalf of the Board I sincerely thank Brian for his outstanding leadership in building CTPartners into one of the world’s leading and fastest growing executive search firms.”

Mr. Dhenin joined CTPartners in 2006, and during the last nine years has successfully recruited CEOs, CFOs, CIOs and board directors for some of the world’s leading companies, and grown CTPartners European offices from two to fifteen in eight countries.

“I am looking forward to building upon CTPartners’ success, and focusing on the firm’s strategic initiatives to better serve our clients and enhance shareholder value,” said Mr. Dhenin. "Our global firm is ideally positioned for continued success and has a bright future.”

In announcing his decision to leave CTPartners, Mr. Sullivan said, “I am very proud of how CTPartners has transformed the industry by providing greater accountability to clients, and I am grateful for the opportunity to attract and work with many of the best professionals in the industry. I could not leave the firm in better hands."

Prior to joining CTPartners, Mr. Dhenin was Managing Partner of Whitehead Mann SAS, the French branch ofWhitehead Mann plc. In 2008, he was named to Business Week’s Top 50 List of the World’s Most Influential Headhunters.

The Company also announced it will report its results for the fourth quarter ended on December 31, 2014 onTuesday, March 31, 2015 after the market closes. The Company confirms its preliminary earning results for the fourth quarter, ended on December 31, 2014 that were released on January 28, 2015.

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