Hudson Global to Change Corporate Name to Star Equity Holdings

Strategic Insights -

The global staffing and recruitment services company Hudson Global will undergo a significant transformation, adopting a new corporate name, Star Equity Holdings, Inc. This strategic move follows the Company's previously announced merger with Star Operating Companies, Inc. on August 22, 2025. Effective September 5, 2025, the Company's ticker symbols will change from HSON and HSONP to STRR and STRRP, respectively. Hudson Global's leadership will be led by Jeff Eberwein as Chief Executive Officer and Rick Coleman as Chief Operating Officer, with a comprehensive management team including Matt Diamond, Hannah Bible, and Shawn Miles.

Key Takeaways:

  • Hudson Global will change its corporate name to Star Equity Holdings, Inc. effective September 5, 2025.
  • The ticker symbols for the Company's Common Stock and 10% Series A Cumulative Perpetual Preferred Stock will change to STRR and STRRP, respectively, on NASDAQ.
  • The Company's divisions comprise Building Solutions, Business Services, Energy Services, and Investments, aiming to build a diversified portfolio of businesses for long-term shareholder value.
  • The Star Equity Holdings name reflects the Company's vision to build a diversified platform of businesses with strong fundamentals and long-term growth potential.
  • Shareholders are not required to take any action in connection with the name and ticker symbol changes.
  • The new management team, led by Jeff Eberwein, CEO of Star, includes Rick Coleman, Matt Diamond, Hannah Bible, and Shawn Miles, who will focus on building a diversified platform of businesses.

Statistics:

  • The Company's current structure comprises four divisions: Building Solutions, Business Services, Energy Services, and Investments.
  • The Building Solutions division operates in three niches: modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber (glulam) column, beam, and truss manufacturing.
  • The Business Services division provides flexible and scalable recruitment solutions to a global clientele, servicing organizations at all levels.
  • The Energy Services division engages in the rental, sale, and repair of downhole tools used in various industries, including oil and gas, geothermal, mining, and water-well.
  • The Investments division manages and finances the Company's real estate assets as well as its investment positions in private and public companies.

Sources:

  • "Hudson Global to Change Name to Star Equity Holdings" - GlobeNewsWire (September 4, 2025)
  • Hudson Global, Inc.'s press release (September 4, 2025)
  • Company filings with the Securities and Exchange Commission ("SEC")