Wolters Kluwer appoints Maria Montenegro as CEO of Corporate Performance & ESG division

Core Insights - Wolters Kluwer has appointed Maria Montenegro as the new CEO of its Corporate Performance & ESG division, succeeding Karen Abramson [2][5] - Montenegro has been with Wolters Kluwer since 2022, where she served as Chief Strategy & Innovation Officer, contributing to the company's strategic initiatives [3][4] - The CP & ESG division, established in March 2023, focuses on providing software and services for managing financial, operational, and sustainability performance [5] Leadership and Experience - Maria Montenegro brings nearly a decade of experience from McKinsey & Company, where she advised on portfolio strategy, M&A, and technology transformation [4] - Nancy McKinstry, CEO and Chair of the Executive Board, expressed confidence in Montenegro's ability to drive growth and transformation within the division [5] - The division is expected to achieve organic growth in line with previously stated guidance for 2025 [5] Market Position and Strategy - The CP & ESG division is recognized as a key part of Wolters Kluwer's strategy, with a focus on global growth opportunities in cloud-based AI-enabled enterprise software [5] - Wolters Kluwer reported annual revenues of €5.9 billion for 2024 and serves customers in over 180 countries [7]