Elsevier Vice Chairman Chi to lead Science & Technology Division
Herman van Campenhout to join a Dutch company as CEO
Amsterdam, 4 December 2009 - Elsevier announced today the appointment of Youngsuk “Y.S.” Chi, the company’s Vice Chairman, to serve as Chief Executive Officer of Elsevier’s Science & Technology (S&T) Division. The appointment follows the decision by division CEO Herman van Campenhout to accept a new position as CEO of a publicly listed Dutch company early next year. “We wish Herman every success in his new job and thank him for his contributions,” said Reed Elsevier CEO Erik Engstrom.
“Elsevier Science & Technology has a clear strategy and a strong management team. We are very fortunate that our Vice Chairman can step in immediately as CEO of S&T to help that team continue to build on its successful track record,” said Engstrom. Chi will continue to report directly to Engstrom.
Chi, 48, has been Vice Chairman of Elsevier for almost five years. During that time he has led the company’s Global Academic & Customer Relations efforts and has been deeply engaged in S&T’s business. He has more than 15 years of management experience in publishing and technology.
Chi will also continue to serve on the Reed Elsevier Management Committee and to oversee government affairs for Reed Elsevier.
Elsevier is a world-leading provider of scientific, technical and medical information products and services. The company works in partnership with the global science and health communities to publish more than 2,000 journals, including The Lancet and Cell, and close to 20,000 book titles, including major reference works from Mosby and Saunders. Elsevier’s online solutions include ScienceDirect, Scopus, Reaxys, ClinicalKey and Mosby’s Suite, which enhance the productivity of science and health professionals, and the SciVal suite and MEDai’s Pinpoint Review, which help research and health care institutions deliver better outcomes more cost-effectively.
A global business headquartered in Amsterdam, Elsevier employs 7,000 people worldwide. The company is part of Reed Elsevier Group plc, a world leading provider of professional information solutions. The group employs more than 30,000 people, including more than 15,000 in North America. Reed Elsevier Group plc is owned equally by two parent companies, Reed Elsevier PLC and Reed Elsevier NV. Their shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RUK and ENL.
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