ProQuest Co. names Surratt CFO

Smart Business Detroit, Dec 01, 2005

Richard Surratt was appointed senior vice president and CFO of ProQuest Co.

Before joining ProQuest Co., Surratt was executive vice president, CFO and treasurer of Independence Air During his initial tenure from 1999 to 2002, the business grew rapidly to $760 million. After the Sept. 11, he was instrumental in implementing the change to an independent carrier with more than 600 departures a day in North America.

Prior to Independence Air, Surratt was with Mobil Corp. for rune years, where he was promoted through a series of financial positions in corporate finance, counting and new business development. He gained international experience in his role as treasurer for Mobil's Latin America operations at a time when the company invested more than $2 billion in that region. He also gained experience in mergers and acquisitions as the lead finance member of Mobil's M&A team during its merger with Exxon Corp.

"Richard is a seasoned financial leader with broad experience in vaned business situations, from large multinational to mid-cap companies," says ProQuest chairman and CEO Alan Aldworth. "I am confident his skills will add significant value to ProQuest's growth and portfolio management strategies.

Surratt earned an MBA from Stanford University and a master of science degree in engineering from George Washington University. He is also a CPA.