Anglo-Dutch legal and scientific publisher Reed Elsevier has appointed Duncan Palmer as chief financial officer (CFO). He joins the group this month and will succeed Mark Armour, who is stepping down from the post in November.
Palmer was CFO at US building products group Owens Corning for five years and previously held senior finance roles for Royal Dutch Shell in the UK, the Netherlands and the US. A dual UK and US citizen, he studied mathematics at Cambridge University and has an MBA from Stanford University.
His appointment to the Reed Elsevier boards must be approved by an extraordinary general meeting (EGM), expected in early November.
Separately, Owens Corning said that Michael McMurray will take over the positions of senior vice president (SVP) and CFO with immediate effect.
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