As part of the process of spinning of McGraw-Hill Education into its own company, McGraw-Hill Cos. this morning announced a number of high level management appointments as well as the executives who will lead its various business units. The appointments were accompanied by the news that Robert Bahash, president of MHE, will retire after 37 years with the company. The company also said the search for a new CEO is in its final phase.
The new MHE executive team will include Patrick Milano, currently executive v-p and director of the program management office of the corporation’s growth and value plan, who has been named chief financial officer and chief administrative officer of McGraw-Hill Education. David Stafford, v-p and associate general counsel of MHC, will become general counsel of MHE, while Maryellen Valaitis, currently head of human resources in the education segment, will become v-p of human resources of the new company. Bruce Marcus, currently chief digital and information officer of MHE, will continue to lead the IT team and the higher education digital product development unit.
In addition corporate level appointments, the following executives were named to head MHE’s business units: Brian Kibby, President, Higher Education; Dan Caton, President, School Education Group; Philip Ruppel, President, Professional; Ellen Haley, President, CTB/McGraw-Hill; and Talia Griep, President, International.All will report to Harold McGraw III, Chairman, President and CEO of MHC until the new CEO of MHE is appointed.
MHC hopes to complete the spinoff of MHE by the end of the year.