UK's SThree extends chair Bilefield's tenure to April 2027

June 15 (Reuters) - British specialist recruiter SThree said on Monday it would extend Chair James Bilefield's tenure by seven months to allow him to complete the search for a permanent CFO before the board starts planning for its next chair.

Here are some details:

• Bilefield, who became chair in 2018, was due to complete his nine-year term as a board member in September 2026, but will now remain until the conclusion of SThree's annual general meeting in April 2027.

• SThree, which specialises in science, technology, engineering and mathematics roles, said in March that finance chief Andrew Beach would be replaced on an interim basis by company insider Damian Fehrenberg from April 30.

• In September, the London-listed company said it expects fiscal 2026 pretax profit of about £10 million ($13.42 million), down about 61% from a year earlier, after several quarters of declining net fees in a subdued hiring market.

• Fears that AI could displace white-collar jobs have made clients and candidates more cautious about new appointments, weighing on firms such as SThree.

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(Reporting by Nithyashree R B and Neeshita Beura in Bengaluru; Editing by Vijay Kishore)