ALPHEN AAN DEN RIJN, Netherlands, Nov. 2, 2016 (GLOBE NEWSWIRE) -- Wolters Kluwer today announced the nomination of Frans Cremers and Ann Ziegler for appointment to its Supervisory Board. The nomination will be submitted to the Wolters Kluwer Annual General Meeting of Shareholders on April 20, 2017. Messrs. Wakkie and Forman will retire from the Board after the Annual General Meeting in 2017. Upon his appointment, Mr. Cremers will succeed Mr. Wakkie as Chairman of the Supervisory Board.
Frans Cremers is currently Chairman of the Supervisory Board of SBM Offshore and Member of the Supervisory Board of Vopak. He is also Member of the Capital Market Committee of the Netherlands Authority for the Financial Markets (AFM). Mr. Cremers was Member of the Executive Board and CFO of Dutch listed company VNU, a former Dutch publishing company, from 1997 until 2004 and held various positions at Royal Dutch Shell from 1975 to 1996. After leaving VNU he has served as member of various supervisory boards.
Since 2008, Ann Ziegler has been Senior Vice President and Chief Financial Officer of CDW Corporation, an international provider of technology solutions for business, government and education. Previously she held multiple roles in finance and corporate development at Sara Lee Corporation where she started in 1993. Ms. Ziegler has served on public company boards as a member of Audit, Nominating and Governance committees for the past 17 years, including Groupon and Hanesbrands.
Mr. Wakkie, current Chairman of the Supervisory Board, and Mr. Forman, currently Deputy Chairman of the Supervisory Board, will both retire in 2017 when they reach the maximum period of three four-year terms on the Board.
Chairman of the Supervisory Board Peter Wakkie commented: "We are very pleased to nominate Mr. Cremers and Ms. Ziegler for appointment to the Supervisory Board. Their extensive experience at several publicly-listed international companies in different industries will be of indispensable value. The composition of the Supervisory Board underpins the strong diversity at senior management level of the company."
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).
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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.
Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).
PDF version of Press Release http://hugin.info/130682/R/2053485/768550.pdf
Source:Wolters Kluwer NV