Hudson Global (NASD: HSON) announced that Jeffrey E. Eberwein has been appointed Chief Executive Officer. Eberwein, who currently serves as chairman of the company’s board of directors, will succeed Stephen A. Nolan effective 1 April.

Prior to becoming Hudson’s CEO, Eberwein was CEO of Lone Star Value Management, LLC, an investment firm he founded in 2013.

The company also announced that Richard K. Coleman, Jr., Hudson's Chairman of the Compensation Committee, will become Chairman of the Board effective 1 April.

Hudson also announced that it has completed the sales of its recruitment and talent management operations in Europe and Asia Pacific to strategic buyers in three transactions.

The company announced in December that it entered into agreements to sell the operations to strategic buyers in three transactions, the sale was then approved in March.

Hudson received total proceeds of USD 39.0 million in cash at closing, subject to customary post-closing adjustments. Net proceeds included USD 24.8 million for recruitment and talent management operations in Benelux, USD 7.7 million for the recruitment and talent management operations in the rest of Europe, and USD 6.4 million for the recruitment and talent management operations in Asia Pacific. European proceeds are lower than previous estimates due to higher borrowings in the UK. All Hudson debt has been transferred to the buyers with the divestitures.

France-based Morgan Philips acquired Hudson Global’s recruitment and talent management operations in the UK, France, Spain, Poland, Denmark, Norway, Sweden, Czech Republic, Slovakia and Ukraine.

Hudson’s recruitment and talent management operations in Asia Pacific was sold to Apache Group Holdings Pty Ltd in a management buyout led by Mark Steyn, CEO, Hudson Asia Pacific.

Meanwhile, Hudson’s recruitment and talent management operations in Benelux was sold to Value Plus NV, in a management buyout led by Ivan De Witte, CEO, Hudson Benelux.

Going forward, Hudson stated that it will focus on its RPO business in the Americas, Asia Pacific, and EMEA. The company intends to use proceeds from the transactions for investment in the RPO business, reduction in support staff costs, the company’s existing share repurchase program, and other corporate purposes.