Wolters Kluwer Appoints Karen Abramson as new CEO for Tax & Accounting Division

6/6/2013, 5:20 PM (Source: GlobeNewswire)

Alphen aan den Rijn, (June 6, 2013) - Wolters Kluwer today announced the appointment of Karen Abramson as CEO of Wolters Kluwer Tax & Accounting, a global leader in tax, accounting and audit software and solutions. Ms. Abramson most recently served as President and CEO of CCH Tax & Accounting, North America.  Karen Abramson succeeds Mr. Kevin Robert, who will be retiring as of September 2013.

Ms. Abramson has extensive experience in the professional information and software industry, and brings a successful 13-year record of driving growth at Wolters Kluwer through customer-focused innovation. As division CEO, she will further advance Wolters Kluwer Tax & Accounting's leadership position in markets worldwide, with trusted solutions and services that help make professionals more productive. Wolters Kluwer Tax & Accounting has operations in North America, Europe, the Asia Pacific region and Brazil.  

Nancy McKinstry, CEO and Chairman of the Executive Board of Wolters Kluwer commented: "Karen Abramson is a highly talented executive with a record of success at Wolters Kluwer. Karen has driven significant growth across the business through the launch of exciting new solutions, new revenue models and innovative product offerings. I am excited to work with Karen in her new role at Wolters Kluwer."

Ms. Abramson will succeed Tax & Accounting division CEO Kevin Robert, who is retiring effective September 1, 2013. Mr. Robert, a longstanding leader in Wolters Kluwer and the profession, led a transformation in the tax and accounting businesses over his 32-year career with CCH and Wolters Kluwer. He successfully drove the introduction of software, online, and cloud solutions that have been rapidly adopted by professionals worldwide.

Nancy McKinstry, "I want to thank Kevin for his many contributions to our business. Kevin has a long and distinguished career in the tax and accounting profession, and as a valued leader at CCH and Wolters Kluwer. He is admired for his deep industry knowledge and his relentless commitment to the profession, customers and employees. It has been a true pleasure to work with him."

Ms. Abramson joined Wolters Kluwer in 2000, and has held a series of executive leadership roles with the company. Since 2012, she has led CCH in North America, where she has driven advancements across the business through the launch of innovative new products.

"This is an exciting time to be serving the tax and accounting profession and to be leading this exceptional organization," said Ms. Abramson. "Wolters Kluwer is investing in the latest technologies to offer our customers the new capabilities they need to succeed. In collaboration with our customers, and with a robust offering of mobile and cloud solutions, we'll continue to help professionals realize new levels of success."

Before joining CCH, Ms. Abramson was CEO of the Medical Research group in the Wolters Kluwer Health division. Prior to joining Wolters Kluwer Health in 2006, she served as Vice President and General Manager of CT Corsearch, a division of Wolters Kluwer Corporate Legal Services.

About Wolters Kluwer
Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. 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. Wolters Kluwer Tax & Accounting, a division of Wolters Kluwer, is the leading provider of premier information, research, and software tools in the global tax and accounting arena. Tax, accounting, and audit professionals who serve as trusted advisors to clients and businesses worldwide rely on authoritative content and integrated workflow solutions from global leader Wolters Kluwer Tax & Accounting. Its headquarters are in Riverwoods, Illinois.

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.

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Source: Wolters Kluwer NV via Thomson Reuters ONE

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