DHI Group, Inc. Announces CFO Departure
11 Agosto 2023 - 8:00AM
Business Wire
DHI Group, Inc. (NYSE: DHX) (the “Company”) today announced that
Kevin Bostick has resigned from his position as Chief Financial
Officer, effective September 1, 2023, to pursue other career
opportunities, stating that he is leaving with the highest regard
for the Company and its future financial state. During his tenure,
the Company has seen growth and success and thanks Mr. Bostick for
his contributions. The Company has initiated a search for a new
Chief Financial Officer.
To ensure a seamless transition, Mr. Bostick will be retained on
a consultancy basis until December 31, 2023.
“I want to thank Kevin for his hands-on approach, dedication to
ensuring solid financial controls, and for empowering a
high-performing finance team under his leadership,” said Art Zeile,
President and CEO of DHI Group. “I want to ensure our internal and
external shareholders that Kevin’s decision in no way reflects
concerns with the business, financial reporting, internal controls,
or disagreement with DHI’s management, operations, or financial
practices. We wish Kevin the best in his future endeavors.”
About DHI Group, Inc.
DHI Group, Inc. (NYSE: DHX) is a provider of AI-powered career
marketplaces that focus on technology roles. DHI’s two brands, Dice
and ClearanceJobs, enable recruiters and hiring managers to
efficiently search for and connect with highly skilled technology
professionals based on the skills requested. The Company’s patented
algorithm manages over 100,000 unique technology skills.
Additionally, our marketplaces allow tech professionals to find
their ideal next career opportunity, with relevant advice and
personalized insights. Learn more at www.dhigroupinc.com.
Forward-Looking
Statements
This press release and oral statements made from time to time by
our representatives contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. You should
not place undue reliance on those statements because they are
subject to numerous uncertainties and factors relating to our
operations and business environment, all of which are difficult to
predict and many of which are beyond our control. Forward-looking
statements include, without limitation, information concerning our
possible or assumed future financial condition, liquidity and
results of operations, including expectations (financial or
otherwise), our strategy, plans, objectives, expectations
(financial or otherwise) and intentions, growth potential,
statements regarding our 2023 financial outlook and the transition
to a new Chief Financial Officer. These statements often include
words such as “may,” “will,” “should,” “believe,” “expect,”
“anticipate,” “intend,” “plan,” “estimate” or similar expressions.
These statements are based on assumptions that we have made in
light of our experience in the industry as well as our perceptions
of historical trends, current conditions, expected future
developments and other factors we believe are appropriate under the
circumstances. Although we believe that these forward-looking
statements are based on reasonable assumptions, you should be aware
that many factors could affect our actual financial results or
results of operations and could cause actual results to differ
materially from those in the forward-looking statements. These
factors include, but are not limited to, our ability to execute our
tech-focused strategy, competition from existing and future
competitors in the highly competitive markets in which we operate,
failure to adapt our business model to keep pace with rapid changes
in the recruiting and career services business, failure to maintain
and develop our reputation and brand recognition, failure to
increase or maintain the number of customers who purchase
recruitment packages, cyclicality or downturns in the economy or
industries we serve, uncertainty in respect to the regulation of
data protection and data privacy, failure to attract qualified
professionals to our websites or grow the number of qualified
professionals who use our websites, failure to successfully
identify or integrate acquisitions, U.S. and foreign government
regulation of the Internet and taxation, our ability to borrow
funds under our revolving credit facility or refinance our
indebtedness and restrictions on our current and future operations
under such indebtedness. These factors and others are discussed in
more detail in the Company’s filings with the Securities and
Exchange Commission, all of which are available on the Investors
page of our website at www.dhigroupinc.com, including the Company’s
most recently filed periodic reports on Form 10-K and Form 10-Q and
subsequent filings under the headings “Risk Factors,”
“Forward-Looking Statements” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations.” You
should keep in mind that any forward-looking statement made by the
Company or its representatives herein, or elsewhere, speaks only as
of the date on which it is made. New risks and uncertainties come
up from time to time, and it is impossible to predict these events
or how they may affect us. We have no obligation to update any
forward-looking statements after the date hereof, except as
required by applicable federal securities laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20230811694988/en/
Investor Contact Todd Kehrli
or Jim Byers MKR Investor Relations 212-448-4181
ir@dhigroupinc.com
Media Contact Rachel
Ceccarelli VP of Engagement 212-448-8288 media@dhigroupinc.com
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