Finance
Wolters Kluwer's long-time CEO McKinstry to retire, shares tumble
Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Wolters Kluwer's CEO Nancy McKinstry will retire in 2026, causing shares to drop 9%. Stacey Caywood will succeed her, maintaining confidence in leadership.
(Reuters) - Shares in Wolters Kluwer fell around 9% on Wednesday after the Dutch information services firm said its long-time CEO Nancy McKinstry would retire early next year.
The longest-serving chief executive among Dutch blue-chip companies, McKinstry has been the CEO of Wolters Kluwer since 2003. She will retire in February 2026, the company said.
"McKinstry was instrumental in the company's transformation," ING analyst Thymen Rundberg said.
She will be succeeded by Stacey Caywood, who is currently the CEO of the company's Health division.
"Stacey was closely involved in the updating of our three-year plan that we've announced today, and I have full confidence that the company will be in excellent hands," McKinstry said in a conference call.
Rundberg said Caywood's appointment, with her wealth of experience at Wolters Kluwer, was positive for the company, which also reported annual results largely in line with market expectations on Wednesday.
The company's shares are on track for their worst day since March 2020 if the losses hold through the day.
(Reporting by Bart Meijer and Johan Bodinier; Editing by Milla Nissi)
Nancy McKinstry will retire in February 2026, as announced by Wolters Kluwer.
Stacey Caywood, currently the CEO of the company's Health division, will succeed Nancy McKinstry.
Shares in Wolters Kluwer fell around 9%, marking a significant drop for the company.
Nancy McKinstry has been the CEO of Wolters Kluwer since 2003, making her the longest-serving chief executive among Dutch blue-chip companies.
Analyst Thymen Rundberg expressed confidence in Stacey Caywood's appointment, noting her wealth of experience at Wolters Kluwer.
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