IHS Inc. (NYSE: IHS), the leading global source of information and analytics, today announced that Rich Walker has been named Executive Vice President-Global Finance and Todd Hyatt Senior Vice President, Chief Financial and IT Officer.
Walker continues to lead the IHS global finance organization, corporate development and acquisition integration efforts. Hyatt will manage the IHS global accounting and financial planning and analysis (FP&A) teams, and continue his responsibilities leading the company's worldwide IT operations.
“We are organizing our global finance team to deliver on our strategy and our investments and to take advantage of the enhancements that the nearing completion of our Vanguard program is bringing to IHS,” said IHS Chairman and Chief Executive Officer Jerre Stead. “With approximately 70 percent of our business now being processed through Vanguard - our single financial, sales and order-to-cash system - and the remaining scheduled for completion this year, this is an appropriate time to realign our global finance and IT operations in support of our continued growth.
“Todd's extensive experience in finance, where he has spent a significant portion of his career, in combination with his experience leading both our IT organization and our Vanguard program will help us maximize the effectiveness of our new platform.”Hyatt will report to Walker and continue as a member of the IHS executive leadership team. Walker continues to report to Stead. Walker was named Executive Vice President & Chief Financial Officer in August 2011. He joined IHS in December 2006 and had served as Senior Vice President and Chief Strategy Officer since March 2011, with prior leadership responsibility in strategy, marketing, corporate development and alliances. Hyatt was named Senior Vice President and Chief Information Officer in October 2011 leading the company's worldwide IT operations. He served as Senior Vice President of the Vanguard program starting in 2010 and was Senior Vice President-Financial Planning & Analysis from 2007-2010. He also served as Chief Financial Officer for the company's engineering segment from 2005-2007. Prior to joining IHS, Hyatt held leadership roles in public accounting, corporate finance and private equity across a variety of industries.
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