The Board of DTZ Holdings plc has announced the appointment of Paul Idzik as Group Chief Executive Officer. Paul, who will join the Company and the Board on 3 November 2008, was Chief Operating Officer of Barclays PLC from 2004 to 2008. Previously, he held the Chief Operating Officer role for Barclays Capital Limited. Prior to the roles at Barclays, Paul was a partner at Booz, Allen & Hamilton, now Booz & Co.
The appointment follows DTZ‟s announcement in June 2008 that Mark Struckett, who has been DTZ‟s Chief Executive Officer since 1994, had decided to step down from the Board. He will remain with DTZ in an advisory capacity.
Tim Melville-Ross, DTZ Chairman, said: "Paul‟s proven track record of running a significant international business will be invaluable as we continue to grow and diversify DTZ. In particular, his experience of developing people and building teams to meet evolving client requirements across the global markets and his client-facing ethic is ideally suited to our business strategy. We will also undoubtedly benefit greatly from his insight into the financial markets during these challenging times.
"The Board would like to take this opportunity to thank Mark for his substantial contribution to the Group‟s development and, latterly, for his flexibility and commitment in ensuring a smooth transition to his successor. It is testament to Mark‟s leadership that under his stewardship, DTZ has expanded rapidly in geographic reach and depth of service, with a global team now comprising over 12,500 people in 150 cities operating in 45 countries. We wish him every success in his future career."
Paul Idzik commented: "It is a pleasure to accept the reins from Mark to help take DTZ to its next level of performance. DTZ‟s commitment to client focus and its evolution to date provides an attractive platform for future progress. I look forward to working with my new colleagues through these tough market conditions, positioning the Company for strong future performance."
Mark Struckett, DTZ‟s Group Chief Executive, said: "I have really enjoyed my 14 years as chief executive at DTZ and I am delighted we have found someone of Paul‟s stature to take over the role. I would like to thank all my colleagues for their help and support over the years and for driving the Company‟s strong development during that period."