AMSTERDAM, The Netherlands, July 26, 2004 (PRIMEZONE) -- Wolters Kluwer, a leading multinational publisher and information services company, announced today the appointment of Mark Sherman as Chief Human Resources Officer, North America. He succeeds Kathy Baker, who was named Senior Vice President, Corporate Human Resources for all of Wolters Kluwer nv in January 2004.With more than 20 years of experience in his field, Mr. Sherman is well-positioned to further develop and implement the Human Resources aspect of the Wolters Kluwer three-year strategy to deliver improved and sustained value to customers and shareholders. A key facet of this strategy entails the implementation of Shared Services organizations for Wolters Kluwer's operations in North America and Europe.
In prior positions with Baxter Healthcare, a leading global company based in the U.S., Mr. Sherman proved his leadership qualities in the implementation of Human Resources Shared Services. Mr. Sherman received his undergraduate degree from Western Illinois University, Macomb, and earned a Master's in Human Resources/Industrial Relations from Loyola University, Chicago.
"Mark has shown strong management skills in building and reshaping organizations to meet the demands of a highly competitive and constantly changing business environment. This experience will support and further the initiatives Wolters Kluwer continues to make as it moves towards a stronger operational focus, structured around a customer-focused Divisional framework. Human Resources strategic management will go forth under a Shared Services model that supports our businesses and employees in North America," said Chris Cartwright, Shared Services CEO for North America. "We are very pleased to welcome him to Wolters Kluwer and have full confidence in his future with us."
The Wolters Kluwer Shared Services Organization in North America oversees shared services for three of Wolters Kluwer's five Divisions - Health; Corporate & Financial Services; and Tax, Accounting & Legal. Mr. Sherman will be based at the Wolters Kluwer U.S. Corporate head office in Riverwoods, Illinois.
About Wolters Kluwer
Wolters Kluwer (Euronext Amsterdam: WKL) is a leading multinational publisher and information services company. The Company's core markets are in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. As of 2003, Wolters Kluwer has annual revenues of EUR 3.4 billion, employs approximately 19,500 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
Media Caroline Wouters Vice President, Corporate Communications t + 31 20 6070 459 press@wolterskluwer.com Investors/Analysts Oya Yavuz Vice President, Investor Relations t + 31 20 6070 407 ir@wolterskluwer.com www.wolterskluwer.com http://hugin.info/130682/R/953746/135870.pdf