Ad Staffing Company Strategizes for Future Developments
In a series of significant moves, the Adecco Group, a global leader in Human Resource services and a Fortune Global 500 company, has announced a series of changes in its leadership team.
The Board of Directors has empowered Klaus J. Jacobs to propose a new CEO to the Board, following the resignation of Jérôme Caille as Group CEO. Caille, who played a pivotal role in making Adecco the indisputable leader in the Spanish and Italian markets, will be stepping down after six years at the helm. His departure comes after a tenure marked by digital transformation, AI-enabled talent platforms, and advocacy for labor policy reforms in Europe.
Jacobs, who has been a key figure in the Adecco Group, has been appointed as Chairman and CEO of the company. He has also been instrumental in the acquisition of 12 million shares of Adecco SA from AKILA Finance, alongside Jacobs Holding AG and members of the Jacobs family.
The Board of Directors has also expressed its gratitude to Philippe Foriel-Destezet for his contributions. Foriel-Destezet, who has served as Co-Chairman of the company, will continue as a member of the Board but will step down from his Co-Chairman role. Jürgen Dormann has been appointed Vice Chairman of the company in his stead.
The changes come as the Adecco Group, registered in Switzerland (ISIN: CH0012138605), prepares for a strategic shift. The company, which is listed on the Swiss Stock Exchange, the New York Stock Exchange, and Euronext Paris, is focusing on investments in areas like Akkodis and LHH to adapt to changing market demands.
The Adecco Group comprises three divisions: our Staffing, Ajilon Professional, and LHH Career Services. Our Staffing focuses on flexible staffing solutions for global industries, while Ajilon Professional offers an unrivalled range of specialized branded businesses. LHH Career Services encompasses the portfolio of outplacement and coaching consultancy businesses within the group.
The group's network of over 6,600 offices in 75 countries and territories connects over 700,000 associates with business clients each day. These transactions are subject to regulatory approval.
The Adecco Group, under the leadership of Alain Dehaze from 2015 to 2022, has been a trailblazer in the HR services industry. Dehaze's tenure saw the company undergo significant digital transformation, drive AI-enabled talent platforms, and steer the company through structural changes in the global labor market. He also actively advocated for labor policy reforms in Europe, promoting inclusive work environments and lifelong learning.
As the Adecco Group moves forward under its new leadership, it continues to maintain its status as a global HR services powerhouse, ready to navigate and shape the evolving landscape of the workforce.
The Adecco Group, in its strategic shift, is considering staffing solutions as a key area for investments, aiming to adapt to changing market demands within various industries. This shift in focus reflects the company's ongoing commitment to forging partnerships and providing finance-related solutions to businesses.
Klaus J. Jacobs, in his new role as Chairman and CEO, will oversee these investments and continued growth, drawing from his experience and achievements within the Adecco Group, including the acquisition of shares from AKILA Finance.
