Reed Elsevier Announces CEO Succession
Reed Elsevier this week announced the appointment of Ian Smith to succeed Sir Crispin Davis as the global publishing company's chief executive officer. Smith will officially become Reed Elsevier's CEO on Jan. 1, 2009 to assist with the company's transition before Sir Crispin retires in March.
Smith was most recently chief executive of Taylor Woodrow. His previous roles have included CEO of General Healthcare Group; CEO Europe, Middle East and Africa at Exel Group; and CEO Europe of Monitor, a strategy consulting firm.
"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," said Jan Hommen, chairman of Reed Elsevier. "We are delighted to welcome him to the company to take Reed Elsevier through the next phase of our growth."
"Reed Elsevier is renowned for its reputation, talented people, world-class brands and strong customer relationships," said Smith. "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."