RWS Holdings appoints Richard Thompson as CEO
Intellectual property support service provider RWS Holdings has appointed Richard Thompson as chief executive, effective from 1 April, following the retirement of Reinhard Ottway.
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Thompson was previously the AIM-listed company’s deputy chief executive and chief financial officer, which saw him involved in the acquisition and integration of CTi Group.
Ottway is to retire after 23 years with company and will remain in this post until 31 March for a smooth transition.
Chairman Andrew Brode said Thompson brings “strong experience” in the industry as well as an “excellent track record in successfully driving the company's growth”, as the company continues its organic and acquisitive growth strategy.
Brode thanked Ottway and said after five years as chief executive, he leaves the company “in excellent shape to continue its path of record performance and growth”.
Shares in RWS Holdings were down 0.69% to 358p at 0801 GMT.