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McGraw-Hill Under Harold McGraw III


Code : FMB0003

Year :

Industry :Publishing

Region : USA

Teaching Note: Not Available

Structured Assignment : Not Available

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Introduction: From the Industrial Revolution to the Internet Revolution, the McGraw-Hill Companies, a leading global information service provider, have been successful in furnishing critical information and insights in a broad range of markets. The company was founded in 1888 with technical and trade publications products. However, the company has expanded its portfolio to include global publishing, financial services and information&media services. Its portfolio includes leading brands likeStandard& Poor’s (S&P) in the financial services segment,McGraw-Hill Education in the global publishing segment and BusinessWeek in the information&media segment.HaroldMcGrawIII (popularly known as Terry) became theCEOof The McGraw-Hill Companies in 1998. Under his management, the company achieved unprecedented growth and became market leader in businesses that it served. The company has been a leader in providing trusted information and analysis for well over a century. TheMcGraw-Hill Companies was named the No.1 BusinessMedia Powerhouse by BusinessWeek.5 It has given increased dividends for 30 consecutive years.6 Its annualised total return to shareholders has increased by an average of 10.3%from1999 to 2004.7 In the twelve-year period starting from 1993 (when Terry became the President of the company), the stock price increased by 437% from $8.20 to $448 . In 2000, Terry was awarded the Henry Ford II Business LeadershipAward for leadership and commitment in fostering workforce excellence.

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