Toronto – February 28, 2019 – Retained executive search firms Caldwell (TSX: CWL) and CPGroup Latam today announced that they have mutually agreed to end their affiliation agreement, effective February 28, 2019.
In addition to making normal license fee payments through February 28, 2019, CPGroup Latam will also make a one-time payment to Caldwell of $165,000 (USD), less applicable withholding taxes, for the early termination of the affiliation agreement.
At Caldwell we believe Talent Transforms. As a leading provider of executive talent, we enable our clients to thrive and succeed by helping them identify, recruit and retain their best people. Our reputation–nearly 50 years in the making–has been built on transformative searches across functions and geographies at the very highest levels of management and operations. We leverage our skills and networks to also provide agile talent in the form of flexible and on-demand advisory solutions for companies looking for support in strategy and operations. With offices and partners across North America, Europe and Asia Pacific, we take pride in delivering an unmatched level of service and expertise to our clients.
Caldwell’s Common shares are listed on The Toronto Stock Exchange (TSX: CWL). Please visit our website at www.caldwell.com for further information.
For further information, please contact:
Chris Beck, CPA
Chief Operating and Financial Officer
+1 (617) 934-1843
Director of Marketing
+1 (516) 830-3535