DHI Group, Inc. (NYSE: DHX), a leading online career resource and talent acquisition platform for technology professionals and other select professional communities, today announced Art Zeile will join the Company as Chief Executive Officer, succeeding current CEO Michael Durney, effective today.

Mr. Zeile joins DHI with an extensive history in leading technology firms, including those focused on cloud computing, managed data centers and videconferencing services. Prior to joining DHI, Mr. Zeile was the co-founder and CEO of HOSTING, a company delivering secure, compliant and highly available cloud solutions to enterprise customers. Mr. Zeile has raised over $500 million in equity and debt capital and successfully delivered growth strategies for early stage companies, acquisition platforms and turnaround opportunities. Over the course of his career, Mr. Zeile has served on multiple boards, lending him a unique perspective on opportunities for public, and private, companies.

John Barter, Chairman of the Board, commented, "When we began the search for a new CEO, we had a long list of requirements needed to fill this critical role. Art satisfies all of these requirements and more. Our process was thorough and after meeting with many qualified candidates, it was Art's extensive background with scaling technology companies from infancy to maturity, leadership through numerous acquisitions and divestitures, and experience driving revenue at a number of companies that confirmed he's the best person to guide DHI into the next phase of its journey, and ultimately return the business to growth."

"I'm honored to assume this important role at DHI at a time when the rapidly changing market is hungry for an innovative approach to next-generation recruitment solutions and tech professionals are eager for state-of-the-art career management tools," said Art Zeile. "DHI's strong foundation and focused strategy well positions the Company for a bright future and I look forward to leading, and contributing, to its future success."

Mr. Durney will stay on in an advisory capacity through the end of April.

Inducement Grant Under NYSE Rule 303A.08

In connection with his employment, Mr. Zeile and the Company entered into an employment agreement which provides for, among other things, a grant of 1,750,000 time-based restricted shares of DHI's common stock. 25% of the restricted shares will vest on April 10, 2019 and 6.25% of the restricted shares will vest on the first day of each calendar quarter thereafter. Mr. Zeile is also entitled to an award of 750,000 performance-based restricted stock units, which will be made in accordance with a performance-based restricted stock unit program created by the Company in consultation with Mr. Zeile by December 31, 2018. The Compensation Committee of the Company's Board of Directors granted these awards as a material inducement to Mr. Zeile's employment as Chief Executive Officer of the Company. The foregoing awards were not granted under the Company's 2012 Omnibus Equity Award Plan but were instead granted under the employment inducement exemption provided under the NYSE listing standards. As a result, the awards did not require stockholder approval, and this information in this press release is being issued pursuant to applicable NYSE guidance.

About DHI Group, Inc.

DHI Group, Inc. (NYSE: DHX) is a leading provider of data, insights and employment connections through our specialized services for technology professionals and other select online communities. Our mission is to empower tech professionals and organizations to compete and win through expert insights and relevant employment connections. Employers and recruiters use our websites and services to source, hire and connect with the most qualified and highly-skilled tech professionals, while professionals use our websites and services to find ideal employment opportunities, relevant job advice and tailored career-related data. For over 25 years, we have built our Company on providing employers and professionals with career connections, news, tools and information. Today, we serve multiple markets located throughout North America, Europe, the Middle East and the Asia Pacific region. Find out more at www.dhigroupinc.com.