Wolters Kluwer Strengthens Leadership with New Board Nominations
Wolters Kluwer, a prominent global leader in information solutions and professional services, has made a significant announcement regarding its governance. The company has put forward the nominations of Ms. Rose Lee and Mr. Hikmet Ersek for appointment to its Supervisory Board. This development is essential as it is set to be discussed at an upcoming Extraordinary General Meeting (EGM) of Shareholders.
The Nominees: Exceptional Leaders in their Fields
Both candidates come with a wealth of experience and a strong track record in high-level executive roles. Ms. Rose Lee previously served as the CEO and Board member of Cornerstone Building Brands, Inc. Additionally, she held a prominent position as President of the Water and Protection Division of DuPont.
On the other hand, Mr. Hikmet Ersek is recognized for his impactful leadership as a former CEO and Board member of The Western Union Company. His diverse career includes notable roles within GE Capital and Mastercard, showcasing his deep understanding of financial services and market dynamics.
Enhancing Board Composition
The inclusion of Ms. Lee and Mr. Ersek is aimed at enhancing the strategic oversight capabilities of the Supervisory Board. By bringing together diverse expertise and insights, Wolters Kluwer aims to bolster its efforts towards long-term value creation for its shareholders.
Details of the Extraordinary General Meeting
The EGM, where these nominations will be formally put forward to shareholders, is scheduled for November 3. This meeting will provide an opportunity for shareholders to discuss and approve the proposed appointments, further solidifying the leadership structure at Wolters Kluwer.
About Wolters Kluwer
Wolters Kluwer (Euronext: WKL) is a leading global provider of information solutions designed for various professional fields, including healthcare, legal, and corporate compliance. With a commitment to utilizing technology and domain knowledge, Wolters Kluwer helps professionals make informed decisions every day.
The company reported impressive annual revenues of €5.9 billion, serving clients in over 180 countries. With its headquarters located in Alphen aan den Rijn, the Netherlands, Wolters Kluwer boasts a workforce of around 21,900 individuals, dedicated to delivering high-quality services and solutions.
Shares and Market Presence
Wolters Kluwer's shares are actively traded on Euronext Amsterdam under the ticker WKL and are included in major indices such as the AEX and Euro Stoxx 50. Additionally, the company has established a sponsored Level 1 American Depositary Receipt (ADR) program, with ADRs traded on the over-the-counter market in the U.S. under the ticker WTKWY. This dual listing emphasizes the company’s strong market presence and commitment to value for international investors.
Contact Information for Inquiries
For media inquiries, Stefan Kloet, Associate Director of Global Communications, can be reached at the email stefan.kloet@wolterskluwer.com or by phone at +316 122 236 57.
For inquiries related to investors and analysts, Meg Geldens, Vice President of Investor Relations, is available at ir@wolterskluwer.com.
Frequently Asked Questions
Who are the nominees for the Supervisory Board?
The nominees are Ms. Rose Lee and Mr. Hikmet Ersek, both of whom have extensive leadership experience.
What is the purpose of the Extraordinary General Meeting?
The EGM is to discuss and approve the nominations for the new members of the Supervisory Board.
Where is Wolters Kluwer headquartered?
Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands.
What are the main areas of service provided by Wolters Kluwer?
Wolters Kluwer specializes in information solutions, software, and services for healthcare, tax, accounting, financial compliance, and legal sectors.
How well is Wolters Kluwer performing in the market?
Wolters Kluwer reported revenues of €5.9 billion and serves customers in over 180 countries, indicating robust market performance.
