Reuters on Prozes handing over the reins at Lexis Legal To Mike Walsh..
They write
Mike Walsh to head Reed legal; LexisNexis split
(Reuters) – Reed Elsiever (REL.L) (ELSN.AS) plans to split its legal and risk businesses when LexisNexis Chief Executive Andy Prozes retires at the end of the year and install U.S. legal chief Mike Walsh as global head of legal.
The company’s legal business, particularly in the United States, is in focus as Reed invests in new products to help it win back market share lost to Thomson Reuters’ (TRI.TO) (TRI.N) Westlaw in a difficult market.
The Anglo-Dutch professional publisher and exhibitions operator said on Tuesday that Prozes, who will be 65 in January, would not be replaced on the company’s English, Dutch or group executive boards.
Full Report? http://uk.reuters.com/article/idUKTRE6AM46L20101123