Reed Elsevier Chief Financial Officer Duncan Palmer Resigns
September 25 2013 - 1:49AM
Dow Jones News
LONDON--Publishing company Reed Elsevier PLC (REL.LN) said
Wednesday that its chief financial officer Duncan Palmer has
decided resigned from the company's board due to family
circumstances.
The company said Mr. Palmer's resignation is effective as of
Sept. 25, 2014, or such earlier date as Reed Elsevier may
designate. The nomination committee of the company has commenced a
process to identify Mr. Palmer's successor.
Mr. Palmer will continue in his role until a successor has been
appointed, Reed Elsevier said in a short statement.
London listed shares of Reed Elsevier Tuesday closed at 850
pence, valuing the company at 9.98 billion pounds ($15.98
billion).
Write to Tapan Panchal at tapan.panchal@wsj.com
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