In October last year, at the request of the Supervisory Board, Zach Miles agreed to extend his contract for an extra 2 years to allow time for his successor to be appointed. After careful consideration it has now been decided to appoint an external candidate. A search process has been started with the aim of making an appointment later this year. Given the strong improvement in the group’s operating performance, this will be an ideal time for Mr Miles to hand over to a successor.

Both the Supervisory Board and Mr Miles have mutually agreed that making this appointment earlier rather than waiting until next year is sensible, as it will allow Mr Miles’ successor to influence the future development of the group at an earlier stage. In the meantime, Mr Miles will continue as Chairman of the Board of Management until a successor is appointed and will assist in a smooth transfer of his responsibilities.

Mr Angenent, Chairman of the Supervisory Board, said “Mr Miles’ performance has been truly excellent. He has made a tremendous contribution in streamlining the Group’s operations and improving their profitability, as has been evidenced by the results published today. He has also completed several important acquisitions. However, now the decision to make an external appointment has been made, both the Supervisory Board and Mr Miles feel this should be done sooner rather than later.”

A further announcement will be made as soon as a candidate has been selected and a proposal will be put in due course to shareholders at a meeting called for that purpose.



Company Profile:
Vedior is one of the world’s largest recruitment companies and is a full-service recruitment provider with a diversified portfolio of brands targeting a broad range of industry sectors.
From its global network of offices spanning Europe, North America, Australasia, Asia, South America and Africa, Vedior offers temporary and permanent recruitment as well as a number of complementary employment-related services such as outplacement, HR outsourcing, payrolling and training.
Vedior has a leading market position in the provision of professional/executive recruitment in sectors such as information technology, healthcare, accounting, engineering and education. We also have a significant global network providing administrative/secretarial and light industrial recruitment.



For further information, please contact:
Amsterdam
Zach Miles, Chief Executive +31 (0)20 573 5609
Jelle Miedema, Company Secretary