Oppeus
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OPPEUS International announcement

May 17, 2010

EXECUTIVE CHAIRMAN, PETER KRONBORG TO STAND DOWN

Oppeus International announces that Peter Kronborg has elected to step down as Executive Chairman effective April 30, 2010. Upon Mr. Kronborg’s departure Nicholas Varigos, currently Managing Director of OPPEUS, will assume the role of Executive Chairman.

After Mr. Kronborg transitions out of his day-to-day role, he has announced his intention to pursue a portfolio career of other professional interests including directorships and private advisory work.

OPPEUS International has gone from strength to strength since its founding by Peter with Nicholas Varigos seven years ago, has built formidable reputation as a highly experienced Strategic Leadership Advisory firm providing a unique approach to leadership matters by way of advice and services across the domains of Executive Search, Organisation, Governance and Remuneration. OPPEUS will continue with its specialisation in these fields and Peter will offer his support and engagement on an ongoing basis, both as an advisor and on key assignments.

Peter looks forward to this exciting new chapter in his life and we all at OPPEUS wish him well and thank him for his many years of valuable service.

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