McGraw-Hill Ryerson Announces New Responsibilities for CEO
Market Wire, September, 2008
McGraw-Hill Ryerson Limited (TSX: MHR) today announced that President and CEO David Swail will assume broader responsibilities within majority shareholder and parent company The McGraw-Hill Companies, Inc. Effective today, Mr. Swail will take on the additional title of Senior Vice President, International Publishing in McGraw-Hill's Higher Education, Professional, and International Group. Both the McGraw-Hill Education publishing operations in Latin America and McGraw-Hill Ryerson's operations in Canada will now be reporting to Mr. Swail. Mr. Swail will continue to be based at the Whitby, Ontario office.
Mr. Swail's broadened geographic responsibilities will enable McGraw-Hill Education to advance its efforts to pursue new opportunities in publishing and educational services. Greater leveraging of operational and system capabilities across North and South America are also key objectives of this new role. McGraw-Hill's Latin American education business will benefit from many of the system improvements and the resource optimization that Mr. Swail and his management team have achieved in Canada. McGraw-Hill Ryerson will also benefit from these initiatives.
Mr. Swail will retain his title of President and CEO for McGraw-Hill Ryerson, and will continue to be responsible for all aspects of the Corporation's business in Canada.
In business since 1944, McGraw-Hill Ryerson Limited is a Canadian, public company, operated independently, in close cooperation with its majority shareholder, The McGraw-Hill Companies, Inc. The company publishes educational resources and information products and services for lifelong learning and enjoyment in both print and non-print media. Product offerings include text and professional reference books, multimedia tools, and teaching, assessment, support, and monitoring solutions. Additional information is available at http://www.mcgrawhill.ca .
McGraw-Hill Education, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of print and digital instructional, assessment and reference solutions that empower professionals and students of all ages. McGraw-Hill Education has offices in 33 countries and publishes in more than 40 languages. Additional information is available at http://www.mheducation.com .
Contacts: McGraw-Hill Education Tom Stanton Director Communications (212) 904-3214 Email: tom_stanton@mcgraw-hill.com Website: www.mheducation.com McGraw-Hill Ryerson Limited Gordon Dyer Chief Financial Officer (905) 430-5032 Email: gordond@mcgrawhill.ca Website: www.mcgrawhill.ca
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