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Dice Holdings replaces CEO; acquires UK job board

July 24 2013

Job board operator Dice Holdings Inc. replaced longtime CEO Scot Melland and announced today it acquired a U.K.-based job board operator. Melland has served as president CEO since joining the company’s predecessor in April 2001.

Taking over those roles will be Michael Durney, who had served as executive vice president, industry brands group, and CFO at Dice.

Melland will also step down as chairman, but he will remain as a director of the company. Peter Ezersky will take over as chairman. Ezersky has been a director since August 2005 and currently serves as chairman of the nominating and corporate governance committee.

The changes take effect Sept. 30.

Durney has been with the company since joining Dice Holdings’ predecessor as the senior vice president, finance, and CFO in 2000. He led nine acquisitions, taken the company public and provided counsel to all of Dice Holdings’ services.

“With a portfolio of valuable brands and loyal users, coupled with our Open Web technology, we are in a strong position to capitalize on additional opportunities, including expanding our tech recruiting business outside North America,” Durney said. “While our specialty focus will remain unchanged, we do expect to accelerate our plans in several key areas.”

Separately, Dice also announced the acquisition of The IT Job Board, which operates a network of technology career sites including local versions for the U.K., Germany, Belgium and Holland. The IT Job Board was acquired from UK.-based staffing firm SThree plc for initial cash consideration of £8.0 million (US$12.2 million) net of cash acquired. The deal includes a possible earn-out of £3.0 million (US$4.6 million) based on 2014 performance.

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