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Former Elsevier CEO to Chair Research Solutions Board

Research Solutions Inc. has appointed John Regazzi, formerly chief executive at Elsevier, as non-executive chairman of the board, the company announced Wednesday. Regazzi succeeds Chief Executive Peter Derycz, who will continue to run the Encino company, which provides scientific journal articles to universities and laboratories. The company said the board made the change to provide a better balance of corporate governance and responsibility, and allow Derycz time to focus on managing the growth of the company. Regazzi is managing director of Akoya Capital Partners, a private investment firm in Chicago. Previously, he served as chief executive at information company Elsevier and then managing director of Reed Elsevier after the companies merged in 1992. At Reed Elsevier, he managed an electronic publishing operation with 3,000 employees and revenues exceeding $1 billion. “Research Solutions has become the industry leader in providing mission critical information and workflow tools for research-driven organizations,” Regazzi said in a statement. “I’m excited and honored to serve the company in this new capacity, particularly as its development and global growth continues to gather momentum.” Shares closed up 7 cents or 9 percent to 85 cents on the over-the-counter market.

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