Hudson appoints new CEO and finalises sale of operations

Jeffrey Eberwein has been appointed CEO at Hudson as the global talent solutions firm completes the sale of its recruitment and talent management operations in Europe and Asia Pacific.

In a statement released yesterday, Hudson revealed current chairman of the company’s board of directors Eberwein has succeeded Stephen Nolan, who has resigned as CEO and Hudson board member. Richard Coleman, chairman of the group’s compensation committee, has taken over as chairman of the board.

Hudson also announced it has received a total of $39m (£27.6m) from strategic buyers for its recruitment and talent management operations in Europe and Asia Pacific. This includes $24.8m for recruitment and talent management operations in Benelux, $7.7m for the recruitment and talent management operations in the rest of Europe, and $6.4m for the recruitment and talent management operations in Asia Pacific.

In December the group announced it was selling a number of its businesses. These were its Benelux-based recruitment and talent management operations to Dutch firm Value Plus, in a management buyout led by Hudson Benelux CEO Ivan De Witte; its recruitment and talent management operations throughout the rest of Europe to Luxembourg-headquartered Morgan Philips; and its Asia Pacific-based recruitment and talent management operations to Australia-based Apache Group in a management buyout led by Hudson Asia Pacific CEO Mark Steyn.

In a separate statement, released this morning, Morgan Philips revealed its new acquisition would continue to trade for the time being as Hudson in the UK, Denmark, Norway, Sweden, Czech Republic, Slovakia and Ukraine, while in France, Spain and Poland the group will trade as Morgan Philips Hudson Executive Search. The group added there are no changes to the existing Morgan Philips Group brand portfolio in other countries.

Morgan Philips also announced plans to create a specialist talent consulting business – Morgan Philips Hudson Talent Consulting in the UK, France, Spain and Poland. The new business will offer strategic talent consulting services to organisations going through transformation as well as leadership development, succession planning and executive coaching. It will continue to offer Hudson assessment tools.

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