McGraw-Hill Hires Dean Foods' Jack Callahan As CFO Amid Shakeup

Date : 11/15/2010 @ 1:00PM
Source : Dow Jones News
Stock : Dean Foods Company (DF)
Quote : 15.35  -0.02 (-0.13%) @ 3:59PM

McGraw-Hill Hires Dean Foods' Jack Callahan As CFO Amid Shakeup

Mcgraw Hill (NYSE:MHP)
Historical Stock Chart

5 Years : From Jul 2012 to Jul 2017

Click Here for more Mcgraw Hill Charts.

McGraw-Hill Cos. (MHP) hired Dean Foods Co.'s (DF) Jack Callahan Jr. as chief financial officer and announced an organizational split of its financial-services business that sees the Standard & Poor's credit agency classified as an independent segment.

The changes come as the textbook publisher and financial-information provider has grown profit through S&P. McGraw-Hill's higher-education division has also seen strong results as it offers more digital learning programs.

Dean Foods said earlier this month Callahan planned to leave at the end of November for a similar role at a public company but didn't name the position. Previously, he had served in management roles at PepsiCo Inc. (PEP) and General Electric Co. (GE).

Callahan succeeds Robert Bahash, who was named president of the company's education business. The former head, Peter Davis, left "to pursue other career opportunities," McGraw-Hill said Monday.

Deven Sharma will remain president of S&P, which was previously part of the company's financial-services segment. Other parts of that business--including S&P Indices and Capital IQ--now make up McGraw-Hill Financial, led by Lou Eccleston. Eccleston previously served as head of the company's fixed-income risk-management-services division.

McGraw-Hill shares were up 18 cents at $36.78 in recent trading.

-By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

 
 

Latest DF Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.