By Ian Walker
LONDON--Reed Elsevier PLC (REL.LN), a provider of professional
information solutions, said Tuesday it has appointed Centrica PLC's
(CNA.LN) Nick Luff as Chief Financial Officer of both the PLC and
NV Boards, at a date to be decided.
Mr. Luff, who has been U.K. energy firm Centrica's financial
chief since 2007, will replace Duncan Palmer who announced his
resignation in September 2013.
Mr. Luff is also a Non-Executive Director of Lloyds Banking
Group PLC (LLOY.LN). He served as a Non-Executive Director at
QinetiQ Group PLC (QQ.LN), the defense, aerospace and security
services company, until December 2010, and at Royal P&O
Nedlloyd NV from 2003 to 2005.
In its own statement Centrica said a search for Mr. Luff's
successor is underway, adding that he will assist in an orderly
transition to his successor.
Reed Elsevier PLC shares closed in London Monday at 904 pence,
valuing the company at 10.55 billion pounds ($17.44 billion).
Centrica shares closed at 342 pence, valuing the company at GBP1.74
billion.
-Write to Ian Walker at ian.walker@wsj.com