Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) announced today that it has appointed Samuel Robinson to its Board of Directors on August 8, 2016. Mr. Robinson is the President of Sagard Capital Partners Management Corporation, the investment manager of Sagard Capital Partners, L.P. ("Sagard Capital"), which is GP Strategies' largest shareholder with beneficial ownership of approximately 21% of the Company's issued and outstanding common shares. Mr. Robinson is also expected to serve on the Executive, Audit, Compensation, and Nominating/Corporate Governance Committees of the Board of Directors.
Mr. Robinson was appointed in accordance with GP Strategies' obligations under the securities purchase agreement dated December 30, 2009 between it and Sagard Capital. "We look forward to adding Samuel's breadth of knowledge and experience to the Board in the future," said Scott Greenberg, Chief Executive Officer of GP Strategies. "Sagard Capital continues to be an active and supportive shareholder of GP Strategies and brings a valuable combination of strategic, operating and financial experience to the Board and GP Strategies."
Samuel Robinson is President of Sagard Capital. He also serves as Vice-President of Power Corporation ofCanada and as a board member of certain Sagard Capital portfolio companies, including IntegraMed Fertility and Vein Clinics of America. Mr. Robinson joined Sagard Capital and Power in 2016 after an 18 year career at Goldman Sachs, during which he lived and worked in the United States, Asia, Australia and Europe. He served in a variety of positions at Goldman Sachs, including Chief Administrative Officer and Head of Strategy for the global Investment Banking Division and Chief Operating Officer of the firm's growth markets businesses.
He holds a M.A. and a M.Phil., both from Christ Church, Oxford University.
About GP Strategies
GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, eLearning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.
