ADVISORY/Reynolds Chairman David R. Holmes Announces Plans to Retire

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    David R. Holmes, 60, chairman of The Reynolds and Reynolds Company since 1990, announced he will retire effective Jan. 1, 2002.
    Mr. Holmes served as president and chief executive officer of Reynolds and Reynolds from 1989 until May 1999, when Mr. Lloyd "Buzz" Waterhouse joined the company as president. Mr. Waterhouse was elected chief executive officer in November 2000.
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