Wolters Kluwer Appoints Elizabeth Satin as Senior Vice President,
Corporate Development and M&A North America
Amsterdam (May 14, 2009) - Wolters Kluwer, a market-leading global
information services and publishing company focused on professionals,
announced today that it has appointed Elizabeth Satin as Senior Vice
President and head of Corporate Development and Mergers &
Acquisitions North America. Ms. Satin succeeds Mr. Bruce Lenz, who
will retire in May 2009.
Ms. Satin, a veteran media and information industry senior investment
banker, has spent over 20 years in investment banking, 19 of which
were with Lehman brothers where she was a senior media banker. As a
Managing Director at Lehman Brothers, Ms. Satin was the lead banker
on many industry-defining transactions in the media and information
industry. Ms. Satin began her career with Lehman Brothers in 1989 as
an associate in the media and communications group. She was promoted
to Managing Director in the group in 1998.
"Elizabeth brings to the role a highly relevant industry background
combined with a deep knowledge of and experience with different types
of transactions in the media and information industry. She will be
leading our M&A activities in North America, and thus help the
business units in growing Wolters Kluwer within our long-term
strategic focus," commented Boudewijn Beerkens, CFO and Member of the
Executive Board of Wolters Kluwer.
Commenting on her new role at Wolters Kluwer, Ms. Satin said "I am
pleased to be joining the talented group of professionals at Wolters
Kluwer. I am excited to use my industry knowledge and skills as a
leader of transactions to help Wolters Kluwer achieve its strategic
goals and objectives. Wolters Kluwer's exceptional business leaders
and performance track record make this an exciting place to focus the
next phase of my career."
Ms. Satin holds a Bachelor's degree in International Relations and
Semiotics from Brown University, and earned an MBA with honors in
Finance from the NYU Stern School of Business.
Ms. Satin will be based at Wolters Kluwer's office in New York,
reporting to Mr. Beerkens.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and
publishing company. The company provides products and services for
professionals in the health, tax, accounting, corporate, financial
services, legal, and regulatory sectors. Wolters Kluwer had 2008
annual revenues of ¤3.4 billion, employs approximately 20,000 people
worldwide, and maintains operations in over 35 countries across
Europe, North America, Asia Pacific, and Latin America. Wolters
Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are
quoted on Euronext Amsterdam (WKL) and are included in the AEX and
Euronext 100 indices. Visit www.wolterskluwer.com for information
about our market positions, customers, brands, and organization.
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.
Media Investors/Analysts
Caroline Kevin Entricken
Wouters
Vice President, Corporate Communications Vice President,
Investor Relations
t + 31 (0)20 60 70 459 t + 31 (0)20 60 70
407
press@wolterskluwer.com ir@wolterskluwer.com
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