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Press Release: CTG Promotes Olivier Saucin to Vice President of Global Solutions
CTG Veteran to Lead Digital Transformation Solutions Growth
BUFFALO, N.Y., January 5, 2021 – CTG (NASDAQ: CTG), a leading provider of digital information technology (IT) and business solutions and services in North America and Western Europe, announced today that Olivier Saucin has been promoted to the newly created position of Vice President of Global Solutions. Having joined CTG Luxembourg in 1999, Saucin’s expanded role will include responsibility for the end-to-end development, sale, delivery, and execution of CTG’s global solutions strategy. He will report directly to President and CEO, Filip Gydé.
“Throughout his 20-year tenure with CTG, Olivier has successfully led several major company initiatives, including the development of our IT service management strategy in Europe, which resulted in tripling the growth of this business over the last ten years,” said Filip Gydé. “As an accomplished leader and member of the global solutions team, he also helped to establish CTG’s delivery center network and played an instrumental role in the creation and ongoing development of CTG’s global solutions. Olivier is recognized by colleagues across the organization for his ability to develop and deliver innovative IT solutions and services that are well aligned with industry trends and market demand. I look forward to continuing to work closely with him as we expand CTG’s innovative digital transformation service offerings that accelerate our clients’ digital strategies and projects.”
Saucin previously served as CTG’s Global Solutions Director, where he held executive responsibility for the ongoing development of Infrastructure, Support, and Operations related solutions and services. Most recently, Saucin led the Company’s efforts to develop and deliver enhanced service desk capabilities through the use of emerging technology, including the integration of artificial intelligence into CTG’s Service Desk offerings.
Commenting on his new role, Olivier Saucin stated, “I’m enthusiastic to assume this expanded leadership role and the opportunity to help drive the continued development and delivery of CTG’s innovative global solutions. Our proven model of cost-effective, value-added IT solutions provides a strong foundation as we extend our growing portfolio of digital transformation solutions to new market verticals and geographies. Together with our extremely talented team, I’m eager to further expand our client-centric solutions and strategically address clients’ business challenges while empowering them to embrace the benefits of digitalization.”
CTG creates and delivers comprehensive information technology and business offerings built on a proven track record for measurably improving the quality and impact of enterprise technology. CTG’s offerings accelerate digital transformation to help our clients achieve their desired technology and business outcomes. Our reputation as a reliable, results-driven partner reflects our uncompromising commitment to ensuring that our clients’ transformation initiatives will deliver the results necessary to compete in their new normal: improved data-driven decision-making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation. CTG has operations in North America, South America, Western Europe, and India that serve clients' needs across a range of industries. The Company regularly posts news and other important information at www.ctg.com.
Safe Harbor Statement
This document contains certain forward-looking statements concerning the Company's current expectations regarding future growth, financial outlook, business strategy, and performance expectations for 2020 and statements related to cost control, new business opportunities, financial performance, market demand, and other attributes of the Company. These statements are based on the Company's expectations and assumptions, a review of industry reports, current business conditions in the areas where the Company does business, feedback from existing and potential new clients, a review of existing and proposed legislation, and governmental regulations that may affect the Company and/or its clients, and other future events or circumstances. Actual results could differ materially from the outlook guidance, expectations, and other forward-looking statements as a result of a number of factors, including among others, the effects of the COVID-19 pandemic and the regulatory, social and business responses thereto on the Company’s business, operations, employees, contractors and clients, the availability to the Company of qualified professional staff, domestic and foreign industry competition for clients and talent, increased bargaining power of large clients, the Company's ability to protect confidential client data, the partial or complete loss of the revenue the Company generates from International Business Machines Corporation (IBM), the ability to integrate businesses when acquired and retain their clients while achieving cost reduction targets, the uncertainty of clients' implementations of cost reduction projects, the effect of healthcare reform and initiatives, the mix of work between staffing and solutions, currency exchange risks, risks associated with operating in foreign jurisdictions, renegotiations, nullification, or breaches of contracts with clients, vendors, subcontractors or other parties, the change in valuation of capitalized software balances, the impact of current and future laws and government regulation, as well as repeal or modification of such, affecting the information technology (IT) solutions and staffing industry, taxes and the Company's operations in particular, industry and economic conditions, including fluctuations in demand for IT services, consolidation among the Company's competitors or clients, the need to supplement or change our IT services in response to new offerings in the industry or changes in client requirements for IT products and solutions, actions of activist shareholders, and other factors that involve risk and uncertainty including those listed in the Company's reports filed with the Securities and Exchange Commission as of the date of this document. Such forward-looking statements should be read in conjunction with the Company's disclosures set forth in the Company's Form 10-K for the year ended December 31, 2019, which is incorporated by reference, and other reports that may be filed from time to time with the Securities and Exchange Commission. The Company assumes no obligation to update the forward-looking information contained in this release.
John M. Laubacker, Chief Financial Officer
+1 716 887 7368
Chief Marketing Officer and Vice President, Global Marketing
+1 225 772 8865
Executive Vice President, Chief Financial Officer, and Treasurer
John Laubacker was appointed Executive Vice President, Chief Financial Officer, and Treasurer in May 2018. Previously he was Senior Vice President and Chief Financial Officer since April 2017, and before that he was Vice President and Treasurer since February 2017, Treasurer since 2006, and served as interim CFO from October 2014 to April 2015. John joined CTG in 1996.
CMO, VP Marketing
Amanda LeBlanc was appointed Vice President and CMO in March 2015 and has responsibility for CTG's global Marketing, Communications, Sales Support, and Inside Sales programs. She brings over 25 years of marketing, communications, and sales-enablement experience in developing, implementing, and growing successful, technology-enabled marketing programs and a proven track record of refining and creating brands that resonate in the market place. Amanda joined CTG in 2012.
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