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Accounting

Wolters Kluwer, Maker of CCH Software, Realigns U.S. and North American Markets

Wolters Kluwer Tax & Accounting, the maker of professional tax, accounting and audit software under the CCH brand, is restructuring its North American and U.S. markets.

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Wolters Kluwer Tax & Accounting, the maker of professional tax, accounting and audit software under the CCH brand, is realigning its North American and U.S. markets.

The new organization, Wolters Kluwer Tax & Accounting North America, will be led by Jason Marx as CEO, where he will report to Karen Abramson, CEO of the parent Wolters Kluwer Tax & Accounting. The North America unit will combine all tax and accounting software businesses in North America, and will be organized by customer segment, including Small Firm Professionals, Medium and Large Firm Professionals, and Corporations. The Canadian operation will now also report into the new North American business unit.

Teresa Mackintosh, who has served as president and CEO of Wolters Kluwer Tax and Accounting U.S. since 2012, has decided to leave the company. She previously served as an executive with Thomson Reuters.

“This new organization will bring together all of our best-in-class tax, accounting and audit solutions, enabling us to more clearly focus on the unique needs of our customers in North America,” said Karen Abramson, CEO of Wolters Kluwer Tax & Accounting. “As a well-respected leader, Jason has consistently combined his strong technology background and deep market understanding to deliver customer-focused innovation. His strengths are well-suited to a market that is facing increased complexity, geographic and demographic shifts and an accelerated move to cloud-based solutions.”

Marx is a seasoned Wolters Kluwer executive most recently holding the position of President of Tax & Accounting Small Firm Services and leading Tax & Accounting Brazil where he has driven growth via the introduction of new revenue models, product innovation and a strong focus on operational excellence. Before joining Wolters Kluwer Tax & Accounting, Mark was with Wolters Kluwer Financial & Compliance Services serving the compliance needs of many of the world’s largest global finance and banking organizations.

“Throughout the course of his 25 years of global experience in Financial Services and Tax & Accounting, he has always maintained a critical customer focus and understanding of unique segment needs,” the company said in a statement. Marx holds a Bachelor’s Degree in Economics from the University of Michigan and an MBA from DePaul University.