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Jones to retire as CEO of RBI

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London—Keith Jones, CEO of Reed Elsevier’s Reed Business Information, on Wednesday announced his retirement, effective the end of this year. Mark Kelsey, currently CEO of RBI UK, will begin assuming Jones’ duties on Friday.

Jones, who worked for Reed Elsevier for 33 years, oversaw the divestment of RBI US’ controlled circulation publications over the past year. “After a difficult period of trading, RBI has a new direction and a new sense of purpose, and this feels like the right time to step down and allow Mark Kelsey and the RBI management team to get on with delivering on their exciting growth plans,” Jones said in an internal memo.

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