HUDSON GLOBAL, INC. (NASDAQ:HSON) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.
HUDSON GLOBAL, INC. (NASDAQ:HSON) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 31, 2019, Hudson Global, Inc. (the “Company”) and Patrick Lyons, the Company’s Chief Financial Officer, determined that Mr. Lyons will leave his positions with the Company effective June 30, 2019. Mr. Lyons will receive a severance payment and other amounts in accordance with the terms of his employment agreement.
In connection with Mr. Lyons’ departure, Matthew K. Diamond, the Company’s Vice President of Finance, was appointed principal financial officer effective June 30, 2019.
Mr. Diamond, 43, has served as the Company’s Vice President of Finance since January 2019. Prior to joining the Company, Mr. Diamond served in a variety of finance and control roles at PepsiCo, Inc. from 2001 to 2018, including director roles in Financial Reporting, Financial Analysis, and Technical Accounting and Policy. Mr. Diamond is a CPA and began his career as a Supervisory Senior Auditor with Arthur Andersen LLP. Mr. Diamond earned a BBA in Public Accounting from Pace University, where he graduated with magna cum laude honors.
Mr. Diamond does not have any family relationships with any of the directors or executive officers of the Company. Mr. Diamond is not a party to any transaction listed in Item 404(a) of Regulation S-K.
About HUDSON GLOBAL, INC. (NASDAQ:HSON)
Hudson Global, Inc. (Hudson) is a provider of professional-level recruitment and related talent solutions across the world. The Company’s segments include Hudson Americas, Hudson Asia Pacific and Hudson Europe. Its service offerings include Permanent Recruitment, Temporary Contracting, Recruitment Process Outsourcing (RPO) and Talent Management solutions. The Permanent Recruitment services leverage its consultants, supported by its specialists in the delivery of its methods to identify, select and engage the talent. In Temporary Contracting, Hudson provides a range of project management, interim management and professional contract staffing services. Hudson RPO services include complete recruitment outsourcing, project-based outsourcing, contingent workforce solutions and recruitment consulting. Its Talent Management Solutions’ capability encompasses services, such as talent assessment, interview training, executive coaching, employee development and outplacement.