IHS Incoming President and CEO Scott Key AnnouncesExecutive Leadership Team
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Following the April 10 announcement that Jerre Stead will assume the role of Executive Chairman of the IHS Board of Directors and Scott Key will be appointed President and Chief Executive Officer effective June 1, IHS Inc. (NYS: IHS) today announced the executive leadership team that will support Key.
"We have built an incredible leadership bench at IHS across each functional and operational area as we have grown the company," Key said. "Over the last seven years, we have developed the experience and skill base designed to successfully scale and grow IHS for the long term. I am pleased to have the right leaders with the skills and capabilities to achieve our profitable growth goals, and to add to this leadership bench as we execute on a clear roadmap for continued growth and success."
The leadership team continuing in their roles are:
Stephanie Buscemi, senior vice president and chief marketing officer
Stephen Green, executive vice president, legal and corporate secretary
Todd Hyatt, senior vice president-chief financial and IT officer
Jane Okun Bomba, senior vice president and chief sustainability, IR & communications officer
Jeffrey Sisson, senior vice president and chief human resources officer
Brian Sweeney, senior vice president-global sales
Richard Walker, executive vice president-global finance
IHS Vice Chairman of the Board Daniel Yergin will continue to report to Stead.
In addition, IHS is adding two new senior executives and expanding the responsibilities for another.
Jonathan Gear has been named senior vice president-industrials. In this expanded role, Gear will lead the IHS electronics and media, and transportation industry sectors, along with a number of key IHS end markets. Gear joined IHS in 2005 and has served as senior vice president of IHS Insight products and led IHS CERA, along with responsibilities in the areas of strategy, product management, marketing, and mergers and acquisitions.
Anurag Gupta has joined IHS as executive vice president-strategy, products and operations. Gupta will lead the IHS core workflow business lines and support operations. He also will lead the corporate strategy function. Gupta has more than 20 years of international experience focusing on business growth while guiding high-performing teams. He recently served as President of Europe, Middle East and Africa for BrightPoint and has held global leadership roles for Motorola and Ingram Micro.
Also joining IHS is Sean Menke as executive vice president-resources. Menke will oversee IHS energy insight, energy technical and chemicals business lines. Menke has significant depth in commercial and operating leadership roles. He joins IHS most recently from Pinnacle Airlines where he served as president and chief executive officer and prior to that was president and chief executive officer of Frontier Airlines.
Gear, Gupta and Menke report to Key as members of his executive leadership team.
"This is the right leadership team to build from a solid track record of performance and growth in shareholder value since our initial public offering in 2005. It also is the right team to build upon the foundation established by Jerre Stead with a clear vision and mission for IHS based on delivery of long-term profitable growth centered on a commitment to customers and colleague success as a core IHS value," Key said. "We have a great team that has worked successfully together for many years. I am very pleased to add to this group two accomplished, experienced senior executives in Anurag and Sean, and to expand responsibilities for Jonathan. This talented team will help lead the next phase of our customer focus, market expansion and profitable growth."
IHS (NYS: IHS) is the leading source of information, insight and analytics in critical areas that shape today's business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs 6,700 people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2013 IHS Inc. All rights reserved.
IHS Forward-Looking Statements: This release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Such statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Forward-looking statements are generally identified by the words "expect," "anticipate," "believe," "intend," "estimate," "plan" and similar expressions. Although IHS and its management believe that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties—many of which are difficult to predict and generally beyond the control of IHS—that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified by IHS from time to time in its public filings. Other than as required by applicable law, IHS does not undertake any obligation to update or revise any forward-looking information or statements. Please consult our public filings at www.sec.gov or www.ihs.com.
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