EXECUTIVE INSIGHT
“ Capital allocation is the primary job of the senior management team as a company , that ’ s probably where we add the most value ”
KEVIN ENTRICKEN , CHIEF FINANCE OFFICER WOLTERS KLUWER
I ’ ll actually be returning more than my free cash flow to our shareholders due to the strength of our balance sheet .
Q . WHAT WOULD YOUR ADVICE BE TO OTHER CFOS WRESTLING WITH CAPITAL ALLOCATION ? WHAT SHOULD THEY HAVE IN FRONT OF MIND WHEN MAKING THESE CRUCIAL STRATEGIC DECISIONS ?
» Striking the right balance is important . I don ’ t think that you can use a cookie cutter approach because different businesses are in different phases of their investment cycle .
With a business such as ours , where customers are buying year in , year out , our cash flows are fairly predictable . Which means that with the strong balance sheet we have , we can invest but also reward our shareholders .
I do think that ’ s one of the things many of our owners appreciate about Wolters Kluwer , that consistency .
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