DTZ Appoints New Group CEO

The board of DTZ Holdings plc, a leading global property adviser has announced the appointment of Paul Idzik as group chief executive officer. Mr Idzikwill was previously chief operating officer of Barclays PLC from 2004 to 2008, prior to that held other roles at Barclays and was a partner at Booz, Allen & Hamilton, now Booz & Co.

The appointment follows DTZ's announcement in June 2008 that Mark Struckett, who has been DTZ's chief executive officer since 1994, had decided to step down from the board. He will remain with DTZ in an advisory capacity.

Tim Melville-Ross, DTZ's chairman, said: "Paul's proven track record of running a significant international business will be invaluable as we continue to grow and diversify DTZ. In particular, his experience of developing people and building teams to meet evolving client requirements across the global markets and his client-facing ethic is ideally suited to our business strategy. We will also undoubtedly benefit greatly from his insight into the financial markets during these challenging times.

"The board would like to take this opportunity to thank Mark for his substantial contribution to the group's development and, latterly, for his flexibility and commitment in ensuring a smooth transition to his successor. It is testament to Mark's leadership that under his stewardship, DTZ has expanded rapidly in geographic reach and depth of service, with a global team now comprising over 12,500 people in 150 cities operating in 45 countries. We wish him every success in his future career."