Wolters Kluwer NV
amsterdam : WLSN

February 20, 2013 02:14 ET

Wolters Kluwer Appoints Kevin Entricken as Chief Financial Officer; Nominated as Member of the Executive Board

ALPHEN AAN DEN RIJN, THE NETHERLANDS--(Marketwire - Feb 20, 2013) - Wolters Kluwer announces the appointment of Kevin Entricken as Chief Financial Officer, effective May 2013. Mr. Entricken will be nominated as a Member of the Executive Board, for approval by the Annual General Meeting of Shareholders on April 24, 2013. Mr. Entricken will succeed Boudewijn Beerkens, who has accepted a new role outside Wolters Kluwer, as CFO and a Member of the Executive Board of Directors of SHV, a Dutch family-owned company.

Kevin Entricken joined Wolters Kluwer in 2003. He has been CFO of Wolters Kluwer Health for the past 3 years, during which time he played a major role in transforming the Health portfolio. Prior to his role in Health, Mr. Entricken served as Vice President, Investor Relations and as CFO of Wolters Kluwer Law & Business.

Mr. Beerkens, currently CFO of Wolters Kluwer and a Member of the Executive Board, has accepted the role of CFO and a Member of the Executive Board of Directors of SHV, effective May 2013. SHV is a Dutch family-owned company, with international operations in the energy and trade sectors, among others.

Nancy McKinstry, CEO and Chairman of the Executive Board of Wolters Kluwer, commented: "Kevin Entricken brings a strong financial and operational perspective and we will greatly benefit from his deep understanding of the business. His contribution to the strong improvement of our Health division's performance has been critical. I look forward to working with Kevin in his new role.

I want to thank Boudewijn for his significant contribution and dedication to the successful transformation of Wolters Kluwer, and the strong working relationship we have shared. I wish him all the best in his new position."

Prior to joining Wolters Kluwer, Mr. Entricken held senior finance positions in the operating units of information and media companies, including Reed Elsevier and EMI Music. Mr. Entricken began his career and worked for several years at KPMG. He graduated Magna Cum Laude in 1987 from Montclair State University, New Jersey and was qualified as a Certified Public Accountant.

Photo and profile of Kevin Entricken and of Boudewijn Beerkens are available upon request.

About Wolters Kluwer

Wolters Kluwer is a leading global information services and solutions company. It provides information, software, and services that help legal, tax, finance, and healthcare professionals make their most critical decisions effectively and with confidence. Customers depend on Wolters Kluwer services and solutions to successfully move through the complex layers of data and regulation that define modern business and government.

Wolters Kluwer had 2012 annual revenues of EUR3.6 billion. The group employs over 19,000 people worldwide and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. The company is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are quoted on Euronext Amsterdam (symbol: WKL) and are included in the AEX and Euronext 100 indices.

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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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