Reed Elsevier Announces New CEO
Reed Elsevier announced the appointment of Ian Smith as chief executive officer. Smith, who will succeed Sir Crispin Davis when he retires from the position in March 2009, will join Reed Elsevier's board as CEO-designate on Jan. 1, 2009.
“Reed Elsevier is renowned for its reputation, talented people, world-class brands and strong customer relationships," says Smith, who most recently served as chief executive of Taylor Woodrow plc, a U.K.-based construction, facilities management and engineering services firm. "I am delighted to be given the opportunity to lead the business and consolidate its position as one of the world’s leading professional information companies. Our future looks very exciting.”
“Ian Smith is an outstanding business leader who will build on Reed Elsevier’s strong foundations of global leadership positions, a growing digital presence and a dynamic management team," says Chairman Jan Hommen. "We are delighted to welcome him to the company to take Reed Elsevier through the next phase of our growth."