DHI Group To Explore Strategic Alternatives; Appoints Luc Grégoire As CFO

(RTTNews) - While reporting its third-quarter financial results today, DHI Group, Inc. (DHX) said its board of directors has also expressed support for the company to engage an investment bank to explore strategic alternatives to ensure the company's ownership structure optimizes its ability to achieve its growth agenda and maximize shareholder value.

However, the company added that there can be no assurance that the exploration of strategic alternatives will result in a transaction.

Earlier this year, DHI Group engaged in a comprehensive business strategy review that culminated in a renewed focus on providing more value within the tech vertical.

This strategy, which includes launching new products and services targeting the tech talent recruitment and sourcing market, enhances exposure to the favorable fundamentals of the tech employment vertical to drive improved growth opportunities and shareholder value.

DHI Group also announced the appointment of its new Chief Financial Officer, Luc Grégoire, who joined the company today.

Grégoire comes to the company from Avepoint, Inc., where he was CFO, and prior to that held senior finance roles with Take-Two Interactive and McGraw Hill, among others, and brings significant experience managing the financial organization for developing and growing SaaS businesses.