GP Strategies Confirms Adam Stedham As New Chief Executive Officer

On July 8, 2020, GP Strategies Corporation (NYSE: GPX) announced the appointment of Adam H. Stedham as its new Chief Executive Officer, effective immediately after serving in an interim role since June 9, 2020.

Rhea-AI Summary

On July 8, 2020, GP Strategies Corporation (NYSE: GPX) announced the appointment of Adam H. Stedham as its new Chief Executive Officer, effective immediately after serving in an interim role since June 9, 2020. Stedham expressed confidence in the company’s potential for future growth and improved shareholder returns. GP Strategies specializes in performance improvement solutions, including training and consulting services, tailored to various industries including Fortune 500 companies.

Positive

• Appointment of Adam H. Stedham as CEO could bring fresh leadership.
• Potential for growth under new leadership may improve shareholder returns.

Negative

• Transition in leadership may introduce uncertainties during the adjustment period.

Argus Session date unavailable

+0.63% session move Open Argus

Details

News Market Reaction – GPX

The recorded move for GPX in the trading session of this news was +0.63%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

COLUMBIA, Md., July 8, 2020 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (the "Company") (NYSE: GPX) announced today that its Board of Directors appointed Adam H. Stedham as the Chief Executive Officer of the Company, after serving on an interim basis since June 9, 2020, following the announcement that Scott N. Greenberg was stepping down from his role as CEO of the Company. Mr. Stedham said, "I am honored to be selected by the Board to serve as Chief Executive Officer of GP Strategies. I am confident that we are well positioned for growth and delivering improved shareholder returns as we move the Company forward."

About GP Strategies
GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, digital learning strategies and solutions, management consulting, and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting, and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.

Forward Looking Statement
We make statements in this press release that are considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements reflect our current expectations concerning future events and results. We use words such as "expect," "intend," "believe," "may," "should," "could," "anticipates," and similar expressions to identify forward-looking statements, but their absence does not mean a statement is not forward-looking. These statements are not guarantees of our future performance and are subject to risks, uncertainties, and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties, and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

© 2020 GP Strategies Corporation. All rights reserved. GP Strategies and the GP Strategies logo design are trademarks of GP Strategies Corporation.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/gp-strategies-confirms-adam-stedham-as-new-chief-executive-officer-301089605.html

SOURCE GP Strategies Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new CEO of GP Strategies Corporation?

Adam H. Stedham has been appointed as the new CEO of GP Strategies Corporation.

When was Adam H. Stedham appointed CEO of GP Strategies?

Adam H. Stedham was appointed CEO on July 8, 2020.

What is GP Strategies Corporation's focus area?

GP Strategies Corporation provides performance improvement solutions including training and consulting services.

What stock symbol is GP Strategies Corporation listed under?

GP Strategies Corporation is listed under the stock symbol GPX.