Wolters Kluwer Appoints David Hsu as CEO Greater China
October 21, 2016 - Wolters Kluwer announces the appointment of David Hsu to the position of CEO of Wolters Kluwer Greater China, effective mid-October, 2016. Mr. Hsu will be based in Beijing and report to Corinne Saunders, CEO of Wolters Kluwer Emerging & Developing Markets.
"Over the past thirty years Wolters Kluwer has built a solid foundation in China by investing in content, technology and services and delivering digital platforms that support professionals with expert insight and productivity tools", said Corinne Saunders. "I am very pleased that David will carry forward our track record of innovation with a focus on driving the next phase of development in China."
Mr. Hsu brings to Wolters Kluwer more than 20 years leading technology and information businesses across Asia Pacific, including China, Hong Kong, Taiwan, Korea and Southeast Asian countries. He joins Wolters Kluwer from global information service company, IHS Markit, where he held the position of General Manager Greater China for the past five years. Prior to this, David spent two decades in the technology industry, gaining sales and general management experience in both large enterprises and start-ups.
"I am privileged to join this outstanding enterprise," said Mr. Hsu. "Wolters Kluwer is a global leader across many fields and geographies, and has a venerable history of not only providing customers with the information they need to know, but also the tools they need to get their work done. Based on the company's commitment to customer excellence, significant investment and ongoing innovation in the market, I am thrilled to be part of the team. There are great things ahead for Wolters Kluwer and its customers in China."
Wolters Kluwer started operations in China in 1986 and our expanding footprint in China currently includes more than 600 employees in five cities, and tens of thousands of customers all over the country.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in professional information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries, and employs 19,000 people worldwide.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
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Forward-looking Statements and Other Important Legal Information
This report 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.
