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Wolters Kluwer Appoints Stacey Caywood As CEO Wolters Kluwer Legal & Regulatory
Global Division Focused on Legal and Business Compliance Professionals Further Strengthened By Leadership Appointment
(ALPHEN AAN DEN RIJN, September 20, 2010) – Wolters Kluwer, a market-leading global information services company focused on professionals , announced today that the company has appointed Stacey Caywood as CEO of Wolters Kluwer Legal & Regulatory, effective immediately. In this position, Caywood will oversee the business activities related to the Legal & Regulatory division globally, which include operations in Europe, the United States, Canada and Asia Pacific, serving legal and business compliance professionals worldwide. Wolters Kluwer Legal & Regulatory has annual (2009) revenues of €1,448 million, representing 42 percent of total revenue.
Caywood, previously President and CEO of Wolters Kluwer Law & Business, is a seasoned leader with an 18-year track record of success at CCH and Wolters Kluwer, where she has led the creation of highly customer-focused business strategies and innovative solutions that have further distinguished Law & Business as one of the world’s leading providers of information and workflow solutions. Prior to that, she was Vice President of the Wolters Kluwer Law & Business Legal Professional Group, where she helped drive strong growth through the introduction of new electronic products and integrated online libraries in specialty areas.
“We are very pleased to have Stacey Caywood leading this global division, which is a key part of our business, serving legal and business compliance professionals worldwide. Her strong record in driving innovation, her excellent leadership skills, and her fundamental knowledge of the legal and compliance professions will greatly benefit the Legal & Regulatory division and our customers, spanning market segments worldwide,” Nancy McKinstry, CEO and Chairman of the Executive Board of Wolters Kluwer, commented.
Caywood’s leadership appointment is in line with Wolters Kluwer’s 2010-2012 business strategy for Maximizing Value for Customers to better leverage its strong positions in the global markets that the division serves.In her position as CEO, Legal & Regulatory, Caywood will work closely with the divisional regional managing directors and other leadership of the business units that are part of Legal & Regulatory, to drive further customer focus and to better leverage effective innovation and business models across the markets served.
Related to Caywood’s appointment, Mark Dorman, currently Vice President Legal Markets Group, Law & Business, will succeed her as President and CEO, Wolters Kluwer Law & Business, North America, effective immediately. Wolters Kluwer Law & Business is a leading provider of information and software solutions serving legal and business compliance professionals under the product names of Aspen, Best Case, CCH, Loislaw, Kluwer Law International and MediRegs.
Dorman joined Wolters Kluwer in 2005 as President of Loislaw, and in 2008 became the Vice President of the Legal Markets Group. In this position, Dorman was responsible for the overall strategy, business development, and sales and marketing for the business, serving legal information and solutions to legal professionals, law firms, law schools, and law students in the U.S., and specialist international law firms. Prior to joining Wolters Kluwer, Dorman held leadership roles at Gartner, Inc. and LexisNexis U.K.
Caywood earned an MBA from Northwestern University, J.L. Kellogg School of Management, Chicago, Ill., and holds a Bachelor’s degree from Tufts University, Medford, Mass. She will report into Nancy McKinstry and she will be based at Riverwoods, Ill., in the U.S. Dorman attended the Royal Military Academy at Sandhurst. He will report into Stacey Caywood and will be based at the New York office in the U.S.
About Wolters Kluwer
Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer’s leading, information-enabled tools and solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.
Wolters Kluwer has 2009 annual revenues of €3.4 billion, employs approximately 19,300 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Visit our website , YouTube or follow @Wolters_Kluwer on Twitter for more information about our customers, market positions, brands, and organization.
EDITORS’ NOTE: For a resume and portrait of Stacey Caywood or Mark Dorman, please contact firstname.lastname@example.org.
This press release contains forward-looking statements. These statements may be identified by words such as “expect,” “should,” “could,” “shall,” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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