SThree plc is pleased to announce the appointment of Timo Lehne as permanent Chief Executive Officer with immediate effect. Timo was appointed Interim CEO in January 2022 having previously been the Senior Managing Director of SThree's largest region, DACH, incorporating Germany, Austria and Switzerland.
Timo brings a wealth of relevant experience in STEM recruitment, a deep understanding of SThree's business, and focused, dynamic leadership, all vital qualities as the Group continues to execute its growth strategy.
As Senior Managing Director of the DACH business, Timo held full responsibility for the day-to-day running of SThree's largest region. He has also been a member of our global Senior Leadership Team, supporting the overall process of identifying and prioritising strategic programmes across the Group. Since Timo joined the Group in 2006, he has helped transform the Group's DACH business into the fastest growing specialist recruiter in the region, as well as one of the top employers in Germany, as certified by the Top Employer Institute for the last nine years. SThree is now DACH's second-biggest specialist recruitment consultancy.
James Bilefield, Non-Executive Chair, commented:
"Having worked on a thorough and extensive search process, reviewing both internal and external candidates, the Board is delighted to appoint Timo as permanent CEO. As Interim CEO he has shown strategic thinking, drive and passion, drawing on his extensive experience, and we are entirely confident that he is the best person to take the business forward. Together with the rest of the Board, I look forward to working alongside him in his new role."
Timo Lehne, CEO, commented:
"I am excited and honoured to be taking on the permanent CEO role at SThree. Having been part of the Group for over 16 years and leading its largest region, I am committed to seeing SThree succeed and look forward to creating further substantial value for all our stakeholders in the years ahead.
"We have the right strategy in place. The need for STEM skills has never been greater and we expect demand to increase over the coming years. As a Company, we therefore remain focused on leveraging our role at the centre of STEM to provide our customers with the best talent and our candidates with the best opportunities. I am confident in our growth prospects as we continue to work towards our vision to be the number one STEM talent provider in the best STEM markets."
Notes to editors
SThree plc brings skilled people together to build the future. It is the only global pure-play specialist staffing business focused on roles in science, technology, engineering and mathematics (‘STEM’), providing permanent and flexible contract talent to a diverse base of more than 9,000 clients in 15 countries.
The Group’s c.2,700 staff cover the technology, life sciences, engineering, banking and finance sectors.
SThree plc is quoted on the Premium Segment of the Official List of the Financial Conduct Authority under the ticker symbol STEM and also has a US level one ADR facility, symbol SERTY.
Contact our press team today
Rue Des Boiteux 9,
Latest news from SThree
SThree announces SBTi-verified net-zero target and publishes 2022 Impact Report
The Group announces its ambitious SBTi1-verified net-zero target and transition plan, alongside it's annual review of it's ESG strategy.
SThree leaders named on SIA’s Staffing Europe 100 and Global Power 150 List
Timo Lehne, Sunnny Ackerman and Karima Green have been recognised on SIA staffing lists
Sunny Ackerman is named one of North America's 100 most influential leaders in staffing
President of SThree Americas has been recognised on the Staffing Industry Analysts’ (SIA) Staffing 100 North America list for 2022.
2021 Annual Report: Discover how SThree is delivering STEM talent
Read how SThree is connecting sought-after STEM specialists with pioneering global companies in our 2021 Annual Report and TCFD statement.
SThree posts record profits with performance up 111% year-on-year
Full-year results for the year ended 30 November 2021 show profit before tax of £60m.
SThree appoints new Chief Technology and Information Officer
Nick Folkes takes on role of Chief Technology and Information Officer, having been in the role as an interim since October 2021.
SThree ranks top in Support Services sector in Britain’s Most Admired Companies 2021
Study published by Management Today puts SThree first in eight of the 13 key criteria.
SThree named ‘Top Employer’ in Germany for a ninth consecutive year
Top Employer Institute recognises our approach to creating a positive culture and supporting colleagues.
SThree delivers record full-year net fee performance with strong growth across all major geographies
Increased demand for STEM skills and execution of our strategy sees net fees rise 19% year-on-year, to £355.7m, up 9% versus 2019.