Rethink appoints two new non-executive directors
Rethink Group has been operating as a private company since it delisted from AIM at the beginning of this year which, with a growth capital investment of £2.5m from BGF, has already resulted in the acquisition of TM and RPO business, Consort Group - a move which has significantly expanded its capability in this area.
Richard Martin - whose career includes time as CEO of Adecco and Chair of Ochre House Talent Management following its successful MBO from the Hot Group - will utilise his extensive experience within the talent management arena in his new role. Commenting on his appointment he says, “I see this as a great opportunity to not only use my experience of moving recruitment led companies to talent management entities, but to also be part of a great team which clearly has a long term strategy in tune with today’s TM landscape. When I was introduced to Rethink via BGF I was instantly impressed with the strong leadership team and I look forward to working alongside them in a market which is undergoing huge transformation.”
As part of his role on the board, Joe Wilson - who has over five years’ experience within the investment industry - will help Rethink Group to facilitate organic growth and future selective acquisitions – a number of which have already been identified. Commenting on his new role, Wilson says, “This is a fantastic opportunity to be part of Rethink Group’s evolution from an open market recruitment business to a leading talent management firm. As investors of growth capital, we are always looking for businesses which have a strong leadership function, strong future vision, and are in a rapidly evolving sector – all of which applies to Rethink Group. I am looking forward to being part of its future.”
Commenting on the two new appointments, chairman of Rethink Group, John O’Sullivan, says, “I’d like to welcome Richard and Joe to the Rethink board and look forward to working with them both.”
Stephen Wright, CEO of Rethink Group added, “We have exciting growth prospects ahead of us and I have no doubt that Richard’s experience in the TM arena, coupled with BGF’s ability to support future acquisitions, will enable us to reach our objectives and gain significant ground within the TM sector.”