McCarthy-Booth remains on board after MBO

Kate McCarthy-Booth isn’t going anywhere anytime soon, following her decision to sell the agency she founded 15 years ago to her management team.

McCarthy-Booth, managing director of McCarthy Recruitment, told Recruiter her management team of Ian McMullin, Liz Lee, Keith Smith and Amanda Freeman will take over the business, while she retains a role as chair and oversees a new consultancy business she has set up offering NED, consultancy and advice services for recruitment businesses, internal recruitment and HR departments.

While the current coronavirus pandemic has not influenced her decision to sell the business on, McCarthy-Booth revealed she is likely to stay on with the business longer than October when she had originally planned to reduce her role.

“I’m going to be the chair from a strategic point of view and I will be in the business full time for the foreseeable until we get out of this pandemic, and then I will reduce my hours in the business and they will continue to run it as they have been doing,” McCarthy-Booth told Recruiter.

“It wasn’t about the pandemic at all, this has been in the pipeline for some time, the timing has, however, demonstrated even more what I always knew, that we are a really tight and committed team. I am excited for the future and we’ll come out of this even stronger and focused on delivering a great service to our candidates and clients.”

And on that future, McCarthy-Booth adds nothing will change other than the team will own the business.

“They’ve definitely got their own plans for how they want to grow the business. I definitely think growth is on the horizon. Even in the last two weeks, we’ve developed a chatbot that facilitates volume recruitment and temp recruitment... We’ve got lots of exciting plans for the future – watch this space!”

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