PageGroup CEO Steve Ingham stepping down after 16 years in charge
The chief executive of British recruiter PageGroup is stepping down after 16 years in charge.
PageGroup said it had begun a process to identify a successor for Steve Ingham, who will stay in post until a candidate is found.
Ingham first joined PageGroup in 1987 aged 25 as a consultant in the company’s marketing and sales division.
He was appointed to the board in 2001 and has been CEO since 2006, during which time he expanded the company’s operations to Mexico, Brazil, South Africa, China, and Canada.
Since 2006, sales have more than doubled to £1.6 billion while gross profits has grown 152% to reach £878 million.
Ingham became a wheelchair user in 2019 after a skiing accident. He has since campaigned for greater inclusivity for disabled people in the workforce and advocates for mandatory requirements for firms to report on their disability strategies.
He said today: “I have been privileged to lead PageGroup over the last 16 years and I am immensely proud of everything we have achieved together.”
PageGroup shares dropped 1.2% in early trading.
News of his departure came as the company posted gross profits of over £100 million in March, a record month for the business, led by 60% growth in its Americas division for the first quarter of 2022.
"We delivered another record quarter for the Group, with record performances in 19 countries," Ingham said.
Gross profit across the first quarter rose 43% to hit £258.5 million.
PageGroup was founded in London in 1976 by Bill McGregor and Michael Page, and listed on the London stock exchange in March 2001. The company now employs over 7,500 people in 37 countries.
