Bayfield promoted to CEO at Parity Group

Matthew Bayfield has been appointed CEO from managing director at technology staffing business Parity Group, with current CEO Alan Rommel moving over to chief operating officer.

The move was announced in a statement, released by the group this morning, along with a trading update for the year to 31 December 2018.

Bayfield joined Parity’s senior management team in May 2018 to drive development and growth of its data offering within Parity Consultancy Services.

In its trading update for last year, the group said it expects to deliver revenue growth in line with revised market expectations for adjusted profit before tax in the financial year ended 31 December 2018, while net debt is expected to be lower than at 31 December 2017 of £1.6m.

The group added that given the scale of the opportunity it sees in data consultancy, it believes the time is right to accelerate its programme of investment in management, marketing and brand development and while Parity’s board expects to remain profitable during this period of increased investment, adjusted profit before tax is now anticipated to be lower in 2019 than in 2018.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is [email protected]

Recruiters in demand as firms rush to hire

Recruiters are in high demand by UK recruitment businesses, perhaps at a 20-plus year high, a leading rec-to-rec practitioner has told a webinar audience.

20 April 2021

Sole directors hit by debt as still banned from financial schemes

As the UK’s ‘race to open up’ begins, limited company directors are still excluded from benefitting from self-employment support schemes.

Legislation 20 April 2021

Salway steps away from nGAGE to join Jump Advisory Group

Heather Salway, FCIPD FREC is leaving her role as group HR director at specialist recruitment group nGAGE to join Jump Advisory Group.

People 20 April 2021

BHI aims to develop a modern, agile labour market

An organisation promising to “bring a revolution in the way the UK hires staff across the labour market” launched last week.

New to Market 19 April 2021
Top