NEW YORK, May 28, 2013 /PRNewswire/ -- McGraw-Hill Education today announced the appointment of Evan Bayh, the former U.S. senator from Indiana, to its board of directors.
" Evan Bayh brings extensive leadership experience and a record of achievement in the private and public sectors," said Ronald Schlosser, executive chairman of McGraw-Hill Education. "Evan will work closely with me, McGraw-Hill Education President and Chief Executive Officer Buzz Waterhouse, and the company's other senior leaders to provide guidance regarding best practices, trends and strategies that will help position McGraw-Hill Education for success."
Now a senior advisor at Apollo Global Management and a partner at the law firm McGuireWoods, Mr. Bayh served as the U.S. senator from Indiana from 1999-2011. In the Senate, Mr. Bayh served on several committees, including Armed Services; Banking, Housing and Urban Affairs; Energy and Natural Resources; Small Business and Entrepreneurship; Aging; and Senate Intelligence. Prior to being elected to the Senate, he was elected to two terms as governor of Indiana and served as Indiana's secretary of state. As governor of Indiana, Mr. Bayh created the 21st Century Scholars program, which promised at-risk middle school students full tuition scholarships for avoiding drugs, alcohol and crime and maintaining decent grades. He also served as chairman of the Democratic Governors Association National Education Goals Panel in 1995 and chairman of the Education Commission of the States.
"I believe there is an incredible opportunity to accelerate the digital transformation of education to create the type of engaging, personalized learning experiences that will drive results for students and educators around the world," said Evan Bayh. "I look forward to working closely with Ron Schlosser, Buzz Waterhouse and other senior leaders at McGraw-Hill Education to help the company fully realize this opportunity."The latest board appointment comes as McGraw-Hill Education continues its plan to grow as a standalone company. On March 22, The McGraw-Hill Companies (now McGraw Hill Financial) completed the sale of McGraw-Hill Education to funds affiliated with Apollo Global Management, LLC (NYSE: APO) for $2.4 billion. About McGraw-Hill Education McGraw-Hill Education is a digital learning company that draws on its more than 100 years of educational expertise to offer solutions that improve learning outcomes around the world. McGraw-Hill Education is the adaptive education technology leader with the vision for creating a highly personalized learning experience that prepares students of all ages for the world that awaits. The Company has offices across North America, India, China, Europe, the Middle East and South America, and makes its learning solutions available in more than 60 languages. For additional information, visit www.mheducation.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV