The Financial Times acquires exec-appointments.com

The Financial Times has acquired exec-appointments.com, the senior management jobsite. The purchase also includes MBA-Direct.com and Non-Execs.com, two specialist products targeting MBAs and Non-Executive Directors.

Exec-Appointments CEO, Betty Thayer commented: ìAlthough Exec-Appointments has been extremely successful and has established itself as a major player in UK and Middle East online recruitment, joining with the Financial Times will allow UK and international expansion. We have particular strengths in specialist knowledge and customer service which we can now roll out to a wider audience and, in particular, develop the financial sector part of the business. We believe the new offering will increase our appeal to larger corporate clients as well as giving us the opportunity to develop new products, both for Financial Times audiences and for Exec-Appointments customers.î I am confident that the combined business will provide all of our clients both an expanded candidate pool and access to the worldís business leaders. Over the next few weeks we are going to be integrating the two online businesses.

John Ridding, chief executive of the Financial Times, says: ìOnline recruitment is a key growth area and while the Financial Times is highly successful in print-based recruitment, this acquisition will allow us to crack the burgeoning web-based sector. We can extend the business into Asia and the US and seriously upgrade our recruitment and training offering to both customers and advertisers.