Jul 30th 2012
Mike Sabbatis is leaving the position of CCH President and CEO, and Karen Abramson will succeed him, effective September 2012. Sabbatis will continue in the role through a transition period.
Sabbatis joined CCH in 2002 as the vice president of business development. He then served as global executive vice president of sales and marketing before becoming president and CEO in 2007. In sharing the news, Sabbatis said, "With CCH's solid strategy, customer-focused organization, and market leadership in place, I believe that the business is positioned for great success. I also believe that the time is right for me to pursue the professional interest I have in continuing to advance as a business leader by broadening my experience across industries."
Kevin Robert, CEO of Wolters Kluwer Tax & Accounting, commended Sabbatis for his efforts in helping to lead the transformation of the CCH business over the past several years, with innovative new services and solutions, and wished him great continued success. "As a result of Mike's leadership, and our strong teams of leaders and employees, CCH is well positioned to serve our customers better than ever. With our organization, vision, and unique ability to help professionals advance their business, we're ready to take CCH and our customers to the next level of success," Robert said.
Robert also welcomed Abramson to CCH, saying, "I'm very pleased that Karen will now carry forward CCH's innovative, customer-centered mandate, with a continued emphasis on business growth. Karen is completely customer focused, and throughout her career in serving professionals, including those in tax and accounting, she has been highly successful in partnering with customers and creating solutions that help people do their best work. That's what CCH is all about, and that's why we're very excited to have someone with Karen's demonstrated vision, customer focus and information and software experience to serve professionals going forward, and lead CCH's continued growth."
Abramson is an industry leader with a track record of growing businesses. Most recently, she served as CEO and president of Wolters Kluwer Health, Medical Research. She led the development and delivery of aggregated, customizable electronic research information for the medical, health care, and academic markets. She introduced both new revenue models and innovative product offerings, including continuous workflow enhancements to the unit's online research platform, Ovid, and digital publishing and advertising solutions that leverage mobility to enhance the Lippincott Williams & Wilkins society, and journal member and subscriber services.
"I'm truly honored to join this exceptional organization," said Abramson. "CCH is a global leader, with a long-standing history of excellence in serving professionals with highly trusted information and software solutions. Based on the company's strong customer focus, significant investment, and ongoing innovation in the market, I'm very excited to be part of the team. There are great things ahead for CCH and its customers."
Prior to joining Wolters Kluwer Health in 2006, Abramson served as vice president and general manager of CT Corsearch, a division of Wolters Kluwer Corporate Legal Services. Under her leadership, CT Corsearch revolutionized the trademark review process with electronic workflow solutions, consistently delivered double-digit growth, significantly increased market share, and achieved the highest quality and customer satisfaction rates in the history of the business. Before her tenure at Wolters Kluwer, Abramson was vice president of operations at MemberWorks, Inc. In addition, she held various leadership positions with the Thomson Corporation, including vice president of production services and director of quality management at the Thomson Tax & Accounting and Research Institute of America (RIA) divisions.
Source: July 30, 2012, CCH Press Release
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