Wolters Kluwer Appoints Richard Flynn as CEO of Corporate Legal Services
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NEW YORK, NY, Apr 06 (MARKET WIRE) --
Senior executive in information services to head business unit for
legal and compliance solutions that operates under the CT brand
Wolters Kluwer, a market-leading global information services company
focused on professionals, today announced the appointment of Richard
Flynn as Chief Executive Officer of Corporate Legal Services (CLS), the
business unit that operates under that brand "CT, a Wolters Kluwer
business." CLS includes CT Corporation, CT Lien Solutions, CT TyMetrix,
CT Summation, and CT Corsearch. Mr. Flynn joins CLS from American Express
Company, where he had a proven track record of driving product and
marketing innovation, delivering business growth, and providing dynamic
leadership and direction.
"We are very pleased with the appointment of Richard Flynn to this
position. Richard brings the perfect balance of experience in information
services, marketing, finance, and technology to lead CLS," said Nancy
McKinstry, CEO and Chairman of the Executive Board of Wolters Kluwer.
"His more than 20 years of experience in a diverse set of senior-level
positions across several functional disciplines, including driving
customer-centric marketing and product development, is a perfect
complement to our commitment to maximizing value for customers."
Before joining CLS, Mr. Flynn has held a number of senior-level positions
at American Express over the past 18 years. His last position was senior
vice president and general manager for OPEN, the market leader of U.S.
card businesses dedicated to small businesses. In that role, he led the
product strategy to deliver innovations for the B2B marketplace, focusing
on product line management, new product development, key partnerships,
and customer experience. Prior to that, he was the senior vice president
and general manager of Cardless Payments, responsible for new product and
business development to win market share in key high-growth electronic
payment categories, including Online Payments and Recurring Bills. He
also has extensive information services experience as the senior vice
president of U.S. Information Management and Global Privacy where he led
a large scale transformation of the database marketing organization,
resulting in a best-in-class operation and strengthening information
assets as a competitive advantage for the company. In addition, Mr. Flynn
led research and development efforts in emerging payment technology,
including Contactless and Mobile Phones.
"The CT portfolio of companies are all leading brands in their categories,
with the people, products, and processes to differentiate themselves from
the rest of their market," Richard Flynn said. "In my new role, I look
forward to using my in-depth understanding of marketing innovation and
B2B product strategy to drive CT's expansion and take its success to the
next level."
Mr. Flynn takes over from Chris Cartwright, formerly the CEO of the
Corporate & Financial Services division who was managing CLS on an
interim basis, and will report directly to Nancy McKinstry from CLS's New
York City headquarters. Mr. Cartwright held the temporary leadership role
since November 2009.
Mr. Flynn received a bachelor's of science degree in Finance and
International Business from New York University and a master of business
administration in Finance and Accounting from the New York University
Leonard N. Stern School of Business.
Note to the press: A resume and portrait of Mr. Flynn is available
atwww.wolterskluwer.com, or please contact press@wolterskluwer.com.
Members of the press in the United States can also contact Jonathan Klein
of Articulate Communications Inc. at 212.255.0080, ext. 15 or at
jklein@articulatepr.com.
About CT
CT, a Wolters Kluwer business, delivers the people, products and
processes to drive transparency, ensure accountability and provide
organized, accurate and actionable information for legal, financial and
insurance professionals. CT's products and services - and CT Corporation,
CT Corsearch, CT Lien Solutions, CT Summation and CT TyMetrix - empower
organizations to make better business decisions and be more efficient in
today's highly transparent business environment.
About Wolters Kluwer
Wolters Kluwer is a market-leading global information services company.
Professionals in the areas of legal, business, tax, accounting, finance,
audit, risk, compliance, and healthcare rely on Wolters Kluwer's leading,
information-enabled tools and solutions to manage their business
efficiently, deliver results to their clients, and succeed in an ever
more dynamic world.
Wolters Kluwer has 2009 annual revenues of EUR3.4 billion, employs
approximately 19,300 people worldwide, and maintains operations in over
40 countries across Europe, North America, Asia Pacific, and Latin
America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the
Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are
included in the AEX and Euronext 100 indices.
Visit our website http://www.wolterskluwer.com/, YouTube
http://www.youtube.com/user/WoltersKluwerComms or follow @Wolters_Kluwer
on Twitter for more information about our customers, market positions,
brands, and organization.
Should you wish to change how you receive information from Wolters Kluwer,
please click here.
Forward-looking Statements
This press release 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.
Contact: Albertine Schor Jon Teppo
Communications Manager Vice President,
Investor Relations
Wolters Kluwer Wolters Kluwer
+ 31 (0)172 641 453 + 31 (0)172 641 407
press@wolterskluwer.com ir@wolterskluwer.com
[HUG#1400632]
PDF version of Press Release:
http://hugin.info/130682/R/1400632/355877.pdf
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