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Situation vacant: StepStone founder departs

The man jointly responsible for creating recruitment site, StepStone, is looking for a new job today following his surprise departure from the company.
Giles Clark had gone to ground yesterday and it was left to his temporary replacement Karen Slatford to explain the situation. She told the Financial Times that it was "time for a change".
Clark's expertise in product expansion was less relevant today as the company is currently looking at is geographical expansion, she added.
StepStone, which floated in Oslo and London in 2000, reported first quarter losses of ?46m in April.
A serial entrepreneur, Clark was also the man behind Majestic Wine and Pet City, before selling both ventures. Fellow StepStone founder, the Norwegian Erik Bakkejord, ceded management of the company to Clark in 1999.

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