RWS Holdings plc Appointment of Chief Executive Officer
January 18 2017 - 4:00AM
Business Wire
RWS Holdings plc ("RWS", "the Group"), the world's leading
provider of intellectual property support services (patent
translations, international patent filing solutions and searches),
commercial translations and linguistic validation, is pleased to
announce that Richard Thompson will be appointed as Chief Executive
Officer with effect from 1 April 2017, succeeding Reinhard Ottway
who has decided to retire following more than 23 years with the
Group.
Richard joined RWS in 2012 as Chief Financial Officer and,
following a successful three years in that position, took on the
broader role of Deputy Chief Executive Officer from December 2015.
In this position, Richard has successfully spearheaded the
acquisition and integration of CTi into the Group, following which
he has continued to oversee the Group’s Life Sciences
activities.
Richard’s appointment as Chief Executive Officer follows an
extensive search process, which considered both internal and
external candidates, as part of the Group’s ongoing succession
planning. Richard will take up his new position from 1 April 2017,
with Reinhard remaining in post until 31 March 2017, allowing for a
comprehensive and smooth transition process.
The Board has commenced the search for a new Chief Financial
Officer and will update on the progress of this search in due
course.
Andrew Brode, Chairman of RWS, commented:
"Having considered a number of high calibre candidates, we are
delighted to have appointed Richard as CEO. He brings strong
experience of our industry as well as an excellent track record in
successfully driving the Company’s growth, meaning we are well
placed to continue executing RWS’s organic and acquisitive growth
strategy.
“On behalf of the Board and in a personal capacity, I would like
to extend sincere thanks to Reinhard for his invaluable
contribution to the business over the past 23 years. After 5 years
as CEO, he leaves the Group in excellent shape to continue its path
of record performance and growth. I wish him well in
retirement."
About RWS:
RWS is the world’s leading provider of intellectual property
support services (patent translations, international patent filing
solutions and searches), a market leader in life sciences
translations and linguistic validation as well as a high level
specialist language service provider in other technical areas,
providing for the diverse needs of a blue-chip multinational client
base from Europe, North America and Asia. RWS is based in the UK,
with offices in Europe, the USA (New York, East Hartford and
Chicago), China, Japan and Australia, and is listed on AIM, the
London Stock Exchange regulated market (RWS.L).
For further information, please visit: www.rws.com
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RWS Holdings plcChris Rayner, +01753 480
200marketing@rws.com
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