|Rob Grimshaw Named New CEO of TES Global|
London: January 30, 2015. TES Global, the global digital education business, today announced that Chief Operating Officer (COO) Rob Grimshaw is to become its new Chief Executive Officer (CEO) on March 31, 2015. At the same time, current CEO Louise Rogers will step up to take on the role of Chair. The new leadership team will bring together the best of European digital and content knowledge, supported by TPG Capital’s online and education expertise, as the company begins its next phase of accelerated global growth.
TES Global is dedicated to supporting and enabling the world’s teachers with a portfolio of tailored services, tools and technology. The business has made a successful transition to digital and now hosts the world’s biggest single-profession online network of almost 7 million teachers, where users access over 800,000 resources developed for teachers by teachers. It is also the UK’s leader in education recruitment and the home of the THE and TES Magazine.
Rob Grimshaw joined TES Global in November 2014 as COO. He moved from the Financial Times where he worked for 16 years. In the role of Managing Director of FT.com, he was responsible for its successful digital strategy, the implementation of FT’s industry leading digital subscription business model, as well as its print subscription business and FT events. Under his leadership the FT’s digital subscriptions increased to 455,000, making up two-thirds of its total paying audience.
Louise Rogers said: “Rob is an experienced leader with a track record of digital transformation and delivery of world-class products and content. He is perfectly placed to lead the business through its next important phase of global growth and I look forward to continuing to work with him and the team from TPG in my new role as Chair for TES Global.”
Rob Grimshaw said: “TES Global is a special company with a talented team and unique heritage. It is built on a belief that teachers in the classroom are the true education experts. That belief will continue to be our guide as we invest further in the technology to support and enable a fast growing global community of teachers. Louise has spearheaded the remarkable digital transformation of TES and I am honoured to be asked to lead the business at such an incredibly exciting time.”
Karl Peterson, Managing Partner for TPG Capital LLP, said: “TES Global has built an extremely strong platform for growth in the burgeoning education technology market. Our partnership has enabled us to combine the unique TES heritage with TPG’s global presence and extensive digital experience. We look forward to continuing to work with Rob, Louise and the TES Global team as we continue to build the business.”
Louise Rogers joined TES Global in 2005 as Managing Director and became Chief Executive Officer in 2009. As Chair she will continue to support the TES Global management team, help implement strategy and act as an influential global advocate for the business globally.
Notes to editors
Rob Grimshaw joined TES Global as Chief Operating Officer in November 2014. Before this Rob worked at the Financial Times for 16 years and from 2008 Rob held the position of Managing Director, FT.com. In this capacity, Rob led the development of the FT’s successful digital business. He was also responsible for the FT’s events business, print subscriptions and its New York Institute of Finance professional development business. He holds a Bachelor’s degree in Philosophy & Politics from the University of Warwick.
About TES Global
TES Global is a fast growing and global digital education company dedicated to supporting the world’s teachers with a portfolio of tailored services. Our mission is to enable great teaching by helping educators find the best jobs, and providing all the tools and technology they need to excel. It is home to the world’s largest online community of teachers, with 6.7 million registered users. In 2013 the business was acquired by TPG Capital, a leading global private investment firm, with the objective of transforming it into a leading global digital education business.
The TES Global platforms, including TES Connect, Share My Lesson, and WikiSpaces, provide access to more than 800,000 individually crafted resources – now downloaded over 560 million times – developed by teachers, for teachers. TES Global has long been the UK's number one for education hiring solutions, with over 70,000 teaching jobs advertised on its platforms in the past 12 months. Over 80% of all jobs are filled within the first four weeks. For more information, visit www.tesglobal.com
TPG is a leading global private investment firm founded in 1992 with $65 billion of assets under management and offices in San Francisco, Fort Worth, Austin, Dallas, Houston, New York, Beijing, Hong Kong, London, Luxembourg, Melbourne, Moscow, Mumbai, São Paulo, Shanghai, Singapore and Tokyo. TPG has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, growth investments, joint ventures and restructurings. The firm has deep expertise in internet, education and media sectors including investments in leading companies Uber, Airbnb, CAA (Creative Artists Agency), RentPath, lynda.com, SurveyMonkey and Univision. For more information visit www.tpg.com