StepStone Solutions has just announced the appointment of Nick Discombe to its board as Chairman. Nick’s appointment follows the management buyout of StepStone Solutions from Axel Springer, with funding provided by HgCapital. Discombe brings extensive experience leading and managing global technology businesses including his former roles as CEO of US based Witness Systems and Eyretel, and President at Synon Europe. He will assist the board and management team under StepStone’s current CEO Matthew Parker. Discombe is also active in the US/UK private equity & venture community, with current roles at Iris Software Limited, insurance software company SSP and acts in an advisory role to a number of early-stage companies including SaaS software company Thomson On Line Benefits.
With year-on-year revenue growth in excess of 40% in 2010, StepStone Solutions is predicting on-going global growth into 2011 and will continue providing talent management solutions to customers including: the Royal Bank of Scotland, BMW, Sara Lee, Hang Seng Bank and Philips.
Discombe said, “Talent is increasingly recognised as the next big differentiator in success for companies in global markets. StepStone Solutions has the industry’s most globally capable talent management solution, an extensive international footprint of offices across the world, and a great management and staff team that is passionate about creating success for its customers. I’m very much looking forward to working with them all to build a very strong future.”
Matthew Parker, CEO, StepStone Solutions added, “We’re delighted to have Nick Discombe on board…His track record of leading both public and private high-growth technology companies, especially in a global market, will be invaluable to us as we grow StepStone Solutions both organically and by targeted acquisitions. Combined with the backing we have from HgCapital, one of Europe’s leading technology investors, it provides huge confidence for the future.”