S&P Global
S&P Global Inc. | |
---|---|
legal form | Corporation |
ISIN | US78409V1044 |
founding | 1917 |
Seat | New York City , United States |
management | Douglas L. Peterson (President and CEO ) |
Number of employees | 20,400 |
sales | 6,063,000,000 USD |
Branch | Financial services |
Website | www.spglobal.com |
As of December 31, 2017 |
S&P Global Inc. (until April 2016 McGraw Hill Financial, Inc. , and before that until 2013 McGraw Hill Companies ) is a company in the United States with approximately 17,000 employees. The group of companies offers various financial services. For example, the rating agency Standard & Poor's is part of the McGraw Hill Financial Group. The company is also the majority owner of the Dow Jones Industrial Average . The company is based in New York City . The company is listed in the S&P 500 .
history
The company was formed in 1917 from the merger of the McGraw and Hill's Companies media companies. The company grew into a major media group. In 1966 the company entered the financial industry with the takeover of Standard & Poor's.
In the 2000s, the company published media in the fields of education, television, finance, and business. There were many specialist and textbooks as well as magazines published: in particular AviationWeek and BusinessWeek . In September 2011, the McGraw-Hill Companies announced that they were planning to split the company. In the course of the split, two independent companies, McGraw-Hill Financial with the rating agency Standard & Poor's, and McGraw-Hill Education with the publishing house are to be created. In November 2012, the McGraw-Hill Education division was sold to Apollo Global Management for USD 2.5 billion .
Business areas
- Standard & Poor's Ratings & Services
- S&P CapitalIQ
- S&P Dow Jones Indices
- Platts
- JD Power and Associates
President of the company
- 1909-1917 John A. Hill
- 1917-1928 James H. McGraw
- 1928-1948 Malcolm Muir
- 1948–1950 James McGraw, Jr.
- 1950-1953 Curtis W. McGraw
- 1953-1968 Donald C. McGraw
- 1968–1974 Shelton Fisher
- 1974-1983 Harold McGraw, Jr.
- 1983-1998 Joseph Dionne
- 1998-2013 Harold W. McGraw III
- 2013– Douglas L. Peterson
Acquisitions
In the 1990s, McGraw-Hill acquired NTC / Contemporary and gradually formed McGraw-Hill / Contemporary. This division was sold to McGraw-Hill Education in 2012.
Web links
Individual evidence
- ↑ a b S&P Global 2017 Form 10-K-Report , accessed on April 28, 2018
- ↑ http://www.handelsblatt.com/unternehmen/banken/mcgraw-hill-soll-bis-2012-aufgespaltet-haben/4601532.html
- ↑ McGraw Hill to sell education unit to Apollo for 2.5 billion , at www.dealbook.nytimes.com , accessed January 8, 2015