Reed Elsevier announces resignation of CFO Duncan Palmer

Information provider Reed Elsevier has announced the resignation of its chief financial officer Duncan Palmer, owing to family circumstances. (Release)

Chief executive Erik Engstrom explained that Palmer needs to return to the US, but his contribution to the company makes it disappointing to see him go.

Reed Elsevier is a leading publisher and information provider working in the science, medical, legal, business and risk sectors.

Palmer says he will continue to be "fully committed" to the company until a successor is in place. His resignation from the board is effective as of 25 September 2014.