UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
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Hudson Global, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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The following is an email communication that Hudson Global, Inc. is distributing to its employees on May 23, 2014.
Dear Colleagues,
A short time ago we issued a press release announcing several changes to the composition of our Board of Directors. Following the Company’s annual meeting on May 29, 2014, Bob Dubner and Jennifer Laing will step down from Hudson’s Board and will be replaced by Jeffrey E. Eberwein and Richard K. Coleman, representatives of a large Hudson stockholder, Lone Star Value Group.
We appreciate stockholder support for the Company’s management and transformation plan, and we also respect their desire to add fresh perspectives and stockholder representation on the Board. After valuable and constructive conversations with many of them, we have made a decision to put the proxy contest behind us, and prepare to work together with our new directors to continue to build our business and deliver long term value to Hudson clients and stockholders.
I would like to thank Bob Dubner and Jennifer Laing for their distinguished service over the years. I have come to know Bob and Jennifer very well, and they are two immensely talented people who have been deeply committed to Hudson’s employees and the success of the Company. We have faced many challenges together. They have set the bar high for management, and have always provided valuable advice and support to make our difficult transformation journey possible. As I have expressed on many occasions, the quality, dedication and strong values of Hudson’s independent directors were among the key strengths that attracted me to the company three years ago. I feel extremely proud and appreciative to have the opportunity to work together in the board room with such remarkable individuals.
I am disappointed to see Bob and Jennifer leave the Board, but I know that Hudson has undoubtedly become a better company through their stewardship, and that they, and all of you who had the opportunity to meet them, will share great memories from our work together. I am confident they will continue to make formidable contributions to their other areas of interest in the years to come.
I appreciate that all of you have stayed focused on our business and our clients and candidates throughout the proxy process. You are the backbone of our company and it is because of your hard work and dedication that we have made significant progress in transforming Hudson into one of the leading global talent solutions companies.
Jeff Eberwein and Richard Coleman recognized Hudson’s potential when they decided to invest in our company and, as they get to know more about our business, I am confident they will contribute to the progress we are making on the path towards maximizing stockholder value and realizing Hudson’s full potential.
Thank you for your support,
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