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

DOW JONES NEWSWIRES 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

Stock News for Dean (DF)
DateTimeHeadline
04/22/201510:25:02Goodbye to the Messed-Up Expectations Portfolio
04/22/201509:00:00Dean Foods Company Announces Upcoming Webcast of First Quarter...
04/17/201517:03:02The 3 Best Beverage Stocks
04/10/201509:30:33Amended Statement of Ownership (sc 13g/a)
04/02/201517:30:14Statement of Changes in Beneficial Ownership (4)
04/02/201517:26:47Statement of Changes in Beneficial Ownership (4)
04/02/201516:58:29Statement of Changes in Beneficial Ownership (4)
04/02/201516:55:54Statement of Changes in Beneficial Ownership (4)
04/01/201506:34:04Additional Proxy Soliciting Materials (definitive) (defa14a)
04/01/201506:31:46Proxy Statement (definitive) (def 14a)
03/27/201506:07:42Current Report Filing (8-k)
03/26/201516:05:00Dean Foods Completes Refinancing of $1 Billion in Revolving Credit...
03/25/201506:01:00Dean Foods to Deploy 64 CNG Vehicles and Private Fuel Station...
03/18/201513:00:07Proxy Statements: What They Are and Why You Should Read Them
03/10/201517:15:34Current Report Filing (8-k)
03/04/201519:34:00Dean Foods Declares Quarterly Dividend
03/03/201522:51:51Think Twice Before Buying Into The Story At Dean Foods
03/03/201506:04:45Current Report Filing (8-k)
02/23/201515:43:41Dean Foods announces $700M senior notes
02/23/201512:36:36Current Report Filing (8-k)

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