LONDON, Sept 25 Anglo-Dutch information group
Reed Elsevier said on Wednesday its finance
director Duncan Palmer would step down in September 2014 due to
Reed, which competes with Thomson Reuters and Dutch
publisher Wolters Kluwer NV, said Palmer would resign
from the board in 12 months or on a date chosen by the company.
"Duncan has made an important contribution to the business
and I am disappointed that his family circumstances require him
to return to the U.S.," Chief Executive Erik Engstrom said.
"I look forward to continuing to work with him until his
successor has been identified."