The Tribune has reported that Anglo-Dutch publisher Reed Elsevier has begun searching for a successor to its long-serving chief executive, Crispin Davis, newspapers reported on Sunday.
We've learnt that Reed has appointed headhunter Anna Mann to find a replacement for Davis, who is approaching 60, the Sunday Times and Sunday Telegraph said.
No one was available for comment at Reed Elsevier or at Mann's firm, MWM Consulting.
The report goes on to say..
Reed is likely to look outside the company for its new chief executive as well as at internal candidates, the Sunday Telegraph said.
Citing company insiders, the Sunday Times said Andrew Prozes, the boss of legal information provider LexisNexis, was a strong candidate. LexisNexis Group is the largest and fastest growing part of Reed Elsevier, according to the unit's website.
Davis will retire sometime next year, the Telegraph said, citing people close to Reed.