Lindsley Ruth leaves RS Group with quick impact
In November this 12 months, Ruth instructed The Occasions of well being issues as he took a second depart of absence. He led RS (previously Electrocomponents) by modifications which culminated in a 35% enhance in pre-tax income of £191m.
Rona Fairhead, RS Group chair, stated: “Lindsley has led the turnaround of an underperforming enterprise and, working with the broader crew, has created a powerful imaginative and prescient and objective for our firm. RS Group is now a assured organisation stuffed with proficient individuals, aligned behind a transparent technique targeted on delivering worthwhile progress and market share positive aspects. On behalf of the board and everybody at RS Group I wish to thank Lindsley for his many achievements and need him happiness, well being and each future success”.
Ruth has been CEO since 2015. He stated: “We’ve got come a good distance, and whereas the time is true for me to step away, I couldn’t be prouder to see the nice individuals on this enterprise outperform and pursue the alternatives forward. I wish to thank all my colleagues at RS Group for his or her dedication, help, and enthusiasm in driving RS Group forwards, constructing on the success we now have achieved collectively.”
In November, Mike England, group chief working officer, having joined in 2015 as UK nation supervisor and appointed COO in 2020.