Lindsley Ruth, CEO of industrial, safety and business products supplier RS Group, has left the firm with immediate effect.
RS announced on 16 December that Ruth had departed “due to personal reasons” after leading the London-based group for almost eight years. CFO David Egan will take over as interim CEO until a process to find a permanent CEO has concluded.
“Lindsley has led the turnaround of an underperforming business and, working with the wider team, has created a strong vision and purpose for our company,” said RS Group Chair Rona Fairhead. “RS Group is now a confident organisation full of talented people, aligned behind a clear strategy focused on delivering profitable growth and market share gains. On behalf of the board and everyone at RS Group, I would like to thank Lindsley for his many achievements and wish him happiness, health and every future success.”
Ruth added: “We have come a long way and, while the time is right for me to step away, I could not be prouder to see the great people in this business outperform and pursue the opportunities ahead.”