Jesús Echevarría has been appointed the new CEO of Randstad Spain, Portugal and Latin America. Randstad shares this news after an expected recovery in revenue in Q4, which comes on the heels of a 14% decline reported in Q3.
Echevarría, who trained as an industrial engineer and received his MBA from ESADE Business & Law School, has been with the group for 18 years. He became the vice president of Randstad Spain in 2011 and has been a key player in several Randstad divisions, including Temporary Work and Inhouse Services in Spain.
The group says that Echevarría’s work helped transform Randstad Spain into an industry leader, adding “his extensive experience and leadership are a sure bet for the continuity in the trajectory of success achieved in recent years by the company.” In this new leadership position, Randstad expects Echevarría to maintain the groups commitment to developing new technologies and consolidating new business lines.
Echevarría succeeds Rodrigo Martín, the present CEO of Randstad Spain, Portugal and Randstad Latin America. Under Martín’s leadership, reports the group, Randstad Spain has become a market leader and transformed in terms of digitalisation and its wide portfolio of HR solutions.
The group highlighted that, during Martín’s tenure, Randstad Spain doubled their 514-million-euro turnover to 1,115 million in 2019. This boost was record-breaking for Randstad Spain — it exceeded 6% of the earnings before interest, taxes, and amortization margin to turn one of the highest profits in the entire Randstad group.
Randstad, which opened its doors in Amstelveen in 1960, is active in 38 markets worldwide. It’s the largest staffing and recruitment agency in the world and even acquired former job site world leader Monster in 2016, which holds the No. 11 spot now, according to the AIM Group’s Recruitment Marketplaces Annual Report. Randstad will release their Q4 results on February 9th.