Woolley steps down as group FD at Parity

Parity Group’s Alastair Woolley has stepped down as group finance director at the talent management business.
Wed, 27 May 2015

Parity Group’s Alastair Woolley has stepped down as group finance director at the talent management business.

In a statement released today, the firm announced Woolley, who joined Parity in late 2010 and was appointed group finance director in April 2011, is to remain with the group until the end of June, while experienced interim Paul Bergin has been appointed interim chief financial officer.

Parity’s statement adds it will begin a search for a long-term replacement, providing a further update once the search process has concluded.

The announcement coincides with Parity’s annual general meeting that takes place today.

Last month Recruiter revealed Parity Professionals, the group’s recruitment division, is refocusing its recruitment efforts on niche areas of IT and technology to achieve higher margins.

At the AGM Philip Swinstead, executive chairman of Parity, is expected to say: “Following on from the creation of these two divisions, we are now looking at the overall group cost structure to maximise efficiency and move towards becoming a cash-generative business by year end.

“Parity Group is now in good shape with two independent and profitable divisions – Parity Professionals and SuperCommunications.

“Our long-standing Parity Professionals division remains on course and SuperCommunications has switched to a technology-led organic growth strategy.”

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