Hudson Asia Pacific's management buy-out completed
SYDNEY, AUSTRALIA – Hudson’s Asia Pacific Recruitment and Talent Management business has changed ownership effective 1 April 2018 following the completion of the management buy-out (MBO) announced on 18 December 2017.
Hudson’s APAC business employs a large team of 700 employees, the majority of whom are specialist recruitment and HR professionals with in-depth understanding of their markets and talent requirements in the region. The company operates 16 offices across Australia, New Zealand, Singapore, Hong Kong and China.
Mr Mark Steyn, Chief Executive Officer, who led the management buy-out with the regional leadership team said: “We see immense potential within our Australia, New Zealand, Singapore, Hong Kong and China operations and the completion of this transaction provides a great opportunity to grow and evolve our operations independently, through personal commitment, innovation and investment.
“We will retain the Hudson brand, capitalising on a high level of market awareness and strong customer partnerships, and building upon our success over the past 30 years in Australia/New Zealand and more than 18 years in Asia.
“We will leverage our unique combination of specialist recruitment and talent management capabilities, and data analytics and insights, to help clients discover talent that will stay and perform in today’s competitive environment.”
The Executive Committee (ExCo) team that took part in the MBO consists of an established team with a combined experience of 76 years including CEO Mark Steyn, ANZ Executive General Manager for Specialist Recruitment, Dean Davidson, Asia Executive General Manager for Specialist Recruitment, Amy Yates, APAC Executive General Manager for Talent Management, Simon Moylan and CFO Kendall Ryan.
Hudson APAC also introduced today its new Board of Directors (BoD) consisting of leading business strategists, investment and innovation experts who will work closely with Mr Steyn and the Executive Committee to guide the growth strategy, and oversee governance and stewardship of the business moving forward.
The Hudson Board will be led by Robert Moran, a seasoned chairman, strategist and private equity investment expert with a legal background; Holly Ransom, who specialises in disruptive strategy and digital innovation with a passion for youth and women in the workforce; Lachlan MacGregor, a technology investment expert with a background in investment banking; and Steven Power, a high growth global technology entrepreneur.
Mr Moran, Chairman of the newly appointed Board of Directors (BoD), said: “The Executive Committee’s significant collective experience and their personal commitment to the business, combined with insights generated over many decades of operating in ANZ and Asia will be critical success factors for the company moving forward. With their commitment to evolve the business independently, and to investment and innovation, we are very well positioned to achieve further growth in the future.”
Hudson is a talent solutions company with expertise in leadership and specialised recruitment, talent management and contracting solutions. We help clients and candidates succeed by leveraging our expertise, deep industry and market knowledge, and assessment tools and techniques. Through relationships with millions of specialised professionals, we bring an unparalleled ability to match talent with opportunities by assessing, recruiting, developing and engaging the best and brightest people for our clients. We combine broad geographic presence across Asia Pacific, world-class talent solutions and a tailored, consultative approach to help businesses and professionals achieve higher performance and outstanding results. More information is available at www.hudson.com