Faes to Lead RWS Holdings as New CEO
Portfolio - People | Nov 26, 2024 | Business Cloud
RWS Holdings plc, known for its technology-enabled language and intellectual property services, has appointed Benjamin Faes as its new CEO. Faes will officially assume the role in January 2025, succeeding Ian El-Mokadem, who will remain until the end of January to ensure a smooth transition. Faes, with a significant background in technology having worked at AOL, Alphabet, and Google Cloud, brings expertise in developing revenue streams and go-to-market strategies. His recent role involved leading the transformation and technology team at Concentrix. RWS, founded in 1958, reports substantial business with over 8,000 clients, including major global brands and pharma companies, alongside developing AI-enabled solutions. Julie Southern, the chairman of RWS, emphasizes Faes’ potential to further drive the company’s growth and market position.
Sectors
- Technology and Software
- Professional Services
Geography
- United Kingdom – RWS Holdings plc is based in the UK, and the announcement concerns its executive leadership.
- Global – With operations in 33 countries and serving clients worldwide, the impact of this leadership change extends globally.
Industry
- Technology and Software – RWS Holdings is involved in technology-enabled language and content services, utilizing AI and software solutions.
- Professional Services – The company provides intellectual property services, which are a part of professional services offerings.
Financials
- 350.3 million – Revenue generated by RWS Holdings in H1 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RWS Holdings plc | Target company | Company | A company that provides technology-enabled language, content, and intellectual property services. |
| Benjamin Faes | New CEO | Person | Former Google executive appointed as CEO of RWS Holdings. |
| Ian El-Mokadem | Outgoing CEO | Person | Current CEO of RWS Holdings who will support the transition. |
| Julie Southern | Chairman | Person | Chairman of RWS Holdings board, commenting on the leadership transition. |
| Webhelp | Former Employer | Company | Faes joined Webhelp in 2021 as the UK CEO before his recent transition to RWS Holdings. |