| | Hays plc, the specialist recruitment group, has announced that its chief executive, Denis Waxman, is to retire in November 2007 and that Alistair Cox will be joining the company to succeed Waxman on his retirement.
Waxman, aged 60, who was one of the original founders of the business, has been a main board director at Hays for nine years and was appointed chief | |
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| | executive in July 2004.
Cox joins from Xansa plc, the outsourcing and technology services company, where he has been CEO since 2002. Prior to this, he was regional president of Asia for Blue Circle Industries, latterly Lafarge.
Cox has stepped down from the Xansa Board and resigned as chief executive. Bill Alexander, non-executive chairman, will act as | |
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| | interim chief executive until a permanent appointment has been made.
"The Board wishes to thank Alistair for his contribution to the development of Xansa's business over the past five years," said Alexander. "He has successfully refocused the business on its strong UK franchise and been instrumental in building a market-leading operation | |
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| | in India. He leaves Xansa in an excellent position to build further on its success. Our recent contract renewals in the public and private sectors are testament to the quality and strength of our business."
Bob Lawson, chairman of Hays plc, said: "The Board is delighted to welcome Alistair Cox to Hays. He brings to the company a breadth of experience in the | |
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| | service sector, combined with extensive international experience across Europe, North America and Asia, and we look forward to working with him. With the strong management team at Hays that he inherits, we will continue to build our strategy of creating a leading global specialist recruitment company."
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