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Head of S&P to resignPosted by RJ and Makay on Aug 23, 2011 |
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Standard & Poor’s announced Monday that its president, Deven Sharma, will be leaving the credit rating agency at the end of the year. He will step down on September 12 but remain with parent company McGraw-Hill in an advisory capacity through the end of the year as the company explores a separation of its education publishing business. Douglas Peterson, chief operating officer of Citigroup Inc.’s Citibank unit, will succeed Mr. Sharma, S&P announced.
