McGraw-Hill's Head of Investor Relations Donald S. Rubin to Retire
NEW YORK, Dec. 16, 2011 /PRNewswire-FirstCall/ -- The McGraw-Hill Companies (NYSE: MHP) today announced that Donald S. Rubin, Senior Vice President of Investor Relations, will retire in early 2012 after a successful 52-year career with the Corporation.
The process for choosing his successor has begun, and Mr. Rubin will remain with the company in the interim to ensure a smooth transition.
"Don Rubin has been a remarkable asset to the growth and success of McGraw-Hill over many years, and we wish him the very best in his well-deserved retirement," said Harold McGraw III, Chairman, President and CEO of The McGraw-Hill Companies. "Don has been an exceptional colleague, an esteemed mentor and a true professional. His leadership, dedication, integrity and transparency have earned him the highest praise and respect with his peers and with the investment community alike."
In December 1993, Mr. Rubin was appointed Senior Vice President to lead McGraw-Hill's newly created Investor and Shareholder Relations department. Over the next 18 years, he helped strengthen relationships with investors and worked closely with securities analysts as senior management built a long-term track record of advancing total shareholder value. During this period, McGraw-Hill returned more than $11.5 billion to shareholders in increased dividend payments and share buybacks and split its stock three times.
In 2008 McGraw-Hill was named one of the nation's top 57 shareholder-friendly companies in an Institutional Investor survey of portfolio managers and sell-side analysts, and in 2009 the magazine named the company the best investor relations program in its category among publicly traded U.S. companies covering 54 industry sectors. Additionally, in a 2006 Greenwich Associates survey McGraw-Hill received a top IR quality rating in its industry from buy-side analysts.
Mr. Rubin has held a range of important positions across the company during his distinguished tenure. Before his current role, Mr. Rubin was Senior Vice President of Corporate Affairs, with responsibility for public affairs and investor relations, and prior to that, was Vice President of Corporate Affairs.
Mr. Rubin joined the company in 1959 as an Assistant Editor of Electrical Merchandising Week, one of the publications McGraw-Hill owned at the time. He later worked as Managing Editor of Medical World News, as well as Managing Editor of McGraw-Hill's Contemporary Surgery and Contemporary OB/GYN magazines. Mr. Rubin left the company in 1972 to assume the post of Executive Editor of Modern Medicine publications for The New York Times Media Company. He returned to McGraw-Hill in 1973 as Group Director of Planning and Development for the McGraw-Hill Publications Company.
Mr. Rubin worked early in his career as a reporter for the Miami Daily News and the Newark Star-Ledger.
About The McGraw-Hill Companies:
McGraw-Hill announced on September 12, 2011, its intention to separate into two public companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information services and J.D. Power and Associates. With sales of $6.2 billion in 2010, the Corporation has approximately 21,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
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Patti Rockenwagner
Senior Vice President, Marketing and Communications
(212) 512-3533 (office)
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Jason Feuchtwanger
Director, Corporate Media Relations
212-512-3151 (office)
347-419-4169 (cell)
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SOURCE The McGraw-Hill Companies
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