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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
06/22/201608:40:00Stocks Coverage on the Consumer Goods Sector -- Mondelez Intl...
06/20/201616:01:00Dean Foods Completes Acquisition Of Friendly's Ice Cream Retail...
06/01/201616:30:00Gambler Billy Walters Pleads Not Guilty in Dean Foods Insider-Trading...
05/24/201616:15:00Dean Foods To Participate At Upcoming Investor Conferences
05/24/201609:14:00New DairyPure® Brand Lactose Free Milk Offers Consumers With...
05/20/201616:24:46Securities Registration: Employee Benefit Plan (s-8)
05/19/201610:10:00Former Dean Foods Chairman Charged With Insider Trading
05/16/201616:54:00Dean Foods to Participate at BMO Capital Markets Farm to Market...
05/13/201616:47:16Current Report Filing (8-k)
05/13/201610:00:00DairyPure® Milk Ranked Among Top Ten Most Successful Food And...
05/11/201617:41:00Dean Foods Declares Quarterly Dividend
05/10/201616:48:52Quarterly Report (10-q)
05/10/201609:10:00Dean Foods Swings to Profit
05/10/201608:41:00Dean Foods Swings to Profit on Lower Milk Costs
05/10/201608:20:49Current Report Filing (8-k)
05/10/201606:45:00Dean Foods Announces First Quarter 2016 Results
05/09/201620:55:00Dean Foods Company Announces Agreement to Acquire Friendly's...
04/12/201614:27:00Dean Foods Company Announces Upcoming Webcast of First Quarter...
04/08/201610:33:18Amended Statement of Ownership (sc 13g/a)
04/04/201619:13:59Statement of Changes in Beneficial Ownership (4)

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