UK 16:38 Sunday, 27 September 2026
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Following the summer resignations of its CEO and CFO, we maintained faith in technology specialist recruitment group InterQuest (ITQ). It has now followed a recent announcement of an appointment of a new CEO, with news that it has also reached agreement with a new CFO.
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Comments
John Spenceley
“LONDON (Alliance News) – Recruiter InterQuest Group PLC on Thursday said it has appointed David Bygrave as its new chief financial officer.
Bygrave is the former chief financial officer of Caplin Group, the financial services technology company. He will take up the role on December 1.
His appointment follows Chris Eldridge being appointed as InterQuest’s new chief executive. He will take up the role in May 2016.”
It will take 90 days typically for any new exec to bed in- any changes will take 6 months and have a 70-80% change of not delivering (Standish).
This makes it a long term before significant impact can be judged.
This whole loss of confidence started when the company was put up for sale. Is the Major stakeholder looking to exit. Loss of senior execs didn’t help.
Whole thing looks unstable no matter how good the business model story looks.
The bet is based on the story which has own uncertainties let alone Osbourne’s Nov 25th possible major disruption to the IT contract market.