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At Risc Group, the management team has always been mindful of building a strategy that is consistent with developments in the economy. In the face of the economic turbulence currently being experienced across the globe, and in particular in Europe, we have deemed it necessary to separate the duties of Chairman and Managing Director.
This change in the way in which the group is managed is the result of two parallel needs: the need to consolidate our shareholding in order to protect our corporate vision, and the need to draw together the different areas of our business as a result of the buyouts over the last two years.
As Chairman, I will concentrate on seeking investment. My main role will be to present our company's strengths and assets and to convince traders to invest in the future of our group.
I would like to highlight the quality of the work carried out by Loïc Pequignot who was appointed CEO in 2005 and who has spearheaded Risc Group's ‘recovery’ since that time. His managerial skills have enabled him to make the right strategic decisions and to steer the company effectively, and he has demonstrated his superb expertise and leadership. Following the General Assembly on 18th December 2008, Loïc Pequignot expressed to the Board of Directors his wish to pursue new personal projects outside of Risc Group. Members of the board acknowledged his wish and accepted Loïc’s loyal commitment to guide his successor in the role of Managing Director through a transitional period ending in February 2009.
These changes to our organisation mark the arrival of a new Managing Director, a man of experience, a unifier with great career potential and a solid commercial background, who will take Risc Group forward, develop the group’s technological expertise and drive the success of its sales teams across Europe. On 13th January, 2009 the Board of Directors accepted Philippe Weppe's application. Philippe has 20 years’ experience in sales and marketing roles and as Chief Executive for renowned IT groups in France and Europe. This experience will help him to lead Risc Group towards success and create the value that our shareholders expect.
Risc Group is an innovative company which creates jobs, enjoys strong employee loyalty and develops its staff within a framework of global projects and noble, shared values. This success has only been possible thanks to the ongoing support and contribution of our loyal shareholders.
Conscious of the current economic turbulence and the arrival of a new era, we will unite our employees and shareholders around a corporate vision that will represent a new stage in Risc Group’s history. Our objective will be to use our skills to create value and to share the profits of our success".
Gérard Guillot
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