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Australia – Rubicor announces new management

04 February 2013

One of Australia’s largest staffing firms, Rubicor (ASX:RUB), today announced a reorganisation as part of its ongoing strategic review of the Group. This will bring major changes to the firm’s management structure.

Sue Turk has been promoted from general manager of operations to the new role of chief operating officer (COO). As COO, she will work closely with the CEO and the businesses in leading the operational strategy, management and overall performance of the recruitment businesses across Australia, New Zealand and Singapore.

Paul Cooper has been appointed to group managing director of workforce services. He will be responsible for growing contract and temporary revenue streams by developing new volume-based recruitment services catering to the temporary recruitment market.

Rubicor's new CEO, Mr Kevin Levine, said: “The new organisational structure will streamline operations, improve performance levels and reduce the company's cost structure, while leveraging and maximising the Group's existing footprint and resources.”

According to Staffing Industry Analysts, Rubicor is ranked among the top 20 staffing firms in Australia. In the financial year to June 2012, the firm made a statutory loss of AUD 61.1 million (approximately USD 63 million), following an impairment charge of AUD 53.4 million and a deferred tax asset adjustment of AUD 4.2 million.

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