Hudson Global, Inc Enters into Separation Agreement with Latham Williams, the Senior Vice President, Legal Affairs and Administration, Corporate Secretary, Effective December 31, 2014
December 04, 2014 at 09:06 pm
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On November 28, 2014, Hudson Global Inc. and Latham Williams, the Senior Vice President, Legal Affairs and Administration, Corporate Secretary of the Company, entered into an Executive Agreement (Separation Agreement) pursuant to which Mr. Williams' employment with the Company will cease on December 31, 2014. Until December 31, 2014, Mr. Williams' employment duties and responsibilities, as well as his compensation and benefits, will continue as provided in the Executive Employment Agreement entered into between the company and Mr. Williams on January 25, 2012 and previously filed with the Securities and Exchange Commission, which is superseded by the Separation Agreement. Under the Separation Agreement, Mr. Williams agrees to serve as a consultant to the Company in the role of Corporate Secretary from January 1, 2015 through December 31, 2015, subject to extension, provided that Mr. Williams may terminate the Separation Agreement at any time prior to the expiration of the term by providing at least 60 days' advance notice of termination to the company.
Hudson Global, Inc. is a total talent solutions provider, which operates under the brand name Hudson RPO. The Company delivers customized recruitment outsourcing and total talent solutions to organizations worldwide. The Companyâs core service offering is RPO, consisting of RPO and contracting services. It provides complete recruitment outsourcing, project-based outsourcing and recruitment consulting for clientsâ permanent staff hires. The Company provides clients with a range of outsourced professional contract staffing services and managed service provider services sometimes offered on a standalone basis and sometimes as part of a blended total talent solution. These services draw upon a combination of specialized recruiting and project management competencies to deliver a range of solutions. Its clientele includes mid-to-large-cap multinational companies and government agencies. The Company operates in 14 countries with three geographic segments: Americas, Asia Pacific, and Europe.
Hudson Global, Inc Enters into Separation Agreement with Latham Williams, the Senior Vice President, Legal Affairs and Administration, Corporate Secretary, Effective December 31, 2014