In the Executive Board of Wolters Kluwer Mr. Van Wel was responsible for International Health & Science, Education, Finance and Accounting. The Chairman of the Executive Board, Rob Pieterse, will take over the responsibility for Finance and Accounting. Board Member Hugh J. Yarrington will take over the responsibility for International Health & Science and Education.
The division of tasks of the Executive Board of Wolters Kluwer as of June 1, 2001:
| Rob Pieterse (1942, Dutch), Chairman of the Executive Board: Strategy, Finance, Accounting, Corporate Governance, Investor Relations and Corporate Communications | |
| Hugh J. Yarrington (1942, American): International Health & Science, Education, Legal, Tax & Business Asia Pacific, Technology | |
| Jean-Marc Detailleur (1947, French): Legal, Tax & Business Europe, Human Resources | |
| Nancy McKinstry (1959, American): Legal, Tax & Business North America. | |
Ms. McKinstry will initially combine her Board Member activities with her responsibility as CEO of Legal, Tax & Business North America.
As CEO of Wolters Kluwer Legal, Tax & Business North America, Nancy McKinstry is leading one of the most profitable businesses of Wolters Kluwer. LTB North America ha annual sales of EUR 789 million in 1999 and is comprised of CCH US Publishing, CCH Legal Information Services, Aspen Publishers, CCH Tax Compliance and CCH Canadian. From 1996 to 1999 Ms. McKinstry served as president and CEO of CCH Legal Information Services. Under her leadership, CCH LIS experienced rapid growth, expanded its line of technology-based services and products.
Note for the editor:
Wolters Kluwer is a multinational information services company with annual sales of more than EUR 3 billion, employing approximately 19,000 people in Europe, North America and Asia Pacific. The company's core activities are Legal, Tax & Business, International Health & Science, and Education. The Wolters Kluwer shares are quoted on the Euronext Amsterdam. Financial results for the year 2000 will be announced on March 27, 2001.