IHS Announces Planned CEO Succession

  IHS Announces Planned CEO Succession

  *Names Scott Key to President and Chief Executive Officer position
  *Names Jerre Stead Executive Chairman of the Board

Business Wire

ENGLEWOOD, Colo. -- April 10, 2013

IHS Inc. (NYSE: IHS), the leading global source of information and analytics,
today announced its long-term planned management succession, with current
President and Chief Operating Officer Scott Key assuming the role of President
and Chief Executive Officer effective June 1, 2013. Jerre Stead, current
Chairman and Chief Executive Officer, will become Executive Chairman, also
effective on June 1, 2013. C. Michael Armstrong will continue in his position
as Lead Independent Director of the IHS board of directors.

“From the beginning, I have said that I would not transition until we had in
place the people, products, platforms and processes to continue the profitable
growth of this company well into the future,” said Jerre Stead. “With the near
completion of our major infrastructure initiatives, Vanguard, Sales Force
Automation, Centers of Excellence and others, we now have in place a global,
scalable foundation. In addition, we have assembled what I believe is one of
the best leadership teams in business, who will remain focused on executing
the strategies that have been fundamental to our success over the past several
years. We now have all of the pieces in place and Scott Key is the perfect
leader to drive long-term sustainable profitable growth well into the future.”

“Succession planning is an essential component of any leading company and
today’s announcement of Scott Key as the next CEO of IHS marks the completion
of a multi-year process,” said C. Michael Armstrong. “The Board believes that
Scott has demonstrated the leadership skills to ensure the long-term growth
and stability of the company. IHS stakeholders will continue to be well served
with Jerre and Scott in their new leadership roles.”

Scott Key has served as President and Chief Operating Officer of IHS since
January 2011. Key joined IHS in 2003 to lead strategy, marketing, product and
software development teams for the IHS energy business and has led
transformation and growth across IHS operations. He has been based in a number
of U.S. and international IHS locations in his 10 years with the company. Key
led corporate marketing and strategic planning through the successful initial
public offering of the company and has been directly involved with acquisition
and integration of the full range of assets acquired during his tenure with
IHS as well as successfully leading some of the largest acquisitions. Key also
has held leadership positions that span each of the company's information and
insight assets, and has formed the workflow and industry teams that are the
foundation of current commercial activities and operations. Key also currently
serves as a member of the Board of Harte Hanks (NYSE: HHS).

Prior to joining IHS in 2003, Key served as a senior executive in energy
technology and services, and from 1987 to 2000 served in a range of
international and domestic energy research, technology and leadership roles
for Phillips Petroleum and Arco/Vastar Resources. Key holds Bachelor of
Science degrees in both physics and mathematics from the University of
Washington in Seattle as well as a master's degree in geophysics from the
University of Wyoming.

“I am honored to be entrusted by the board with the CEO leadership of this
great company,” Key said. “I am grateful to Jerre Stead for his partnership
and mentorship over many years as we drove strong shareholder value while
investing at the highest levels in our history to support a future of
long-term sustainable profitable growth. Under Jerre’s leadership, IHS was
transformed from a company of great assets and potential into a company that
is defining the information age and driving the convergence of critical
information with technology and deep expertise oriented around the customer.
His focus has driven a culture dedicated to understanding and delighting
customers, building colleague engagement at every level while establishing a
robust track record of financial performance, strong strategic vision and a
clear roadmap for the future. I look forward to continuing our focus on and
partnership with customers and colleagues. I will continue to lead IHS based
on a firm commitment to the well-established values, vision and profitable
growth roadmap that are the foundation of our continued success.”

As previously announced, IHS will hold its Annual Investor Day today at 12:00
p.m. EDT. The event will be simultaneously webcast and related presentation
materials can be found on the company's website at http://investor.ihs.com.

About IHS (www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in
critical areas that shape today's business landscape. Businesses and
governments in more than 165 countries around the globe rely on the
comprehensive content, expert independent analysis and flexible delivery
methods of IHS to make high-impact decisions and develop strategies with speed
and confidence. IHS has been in business since 1959 and became a publicly
traded company on the New York Stock Exchange in 2005. Headquartered in
Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth
and employs 6,700 people in 31 countries around the world.

IHS is a registered trademark of IHS Inc. All other company and product names
may be trademarks of their respective owners. Copyright © 2013 IHS Inc. All
rights reserved.

IHS Forward-Looking Statements:

This release may contain forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking statements are
statements that are not historical facts. Such statements may include
financial projections and estimates and their underlying assumptions,
statements regarding plans, objectives and expectations with respect to future
operations, products and services, and statements regarding future
performance. Forward-looking statements are generally identified by the words
"expect," "anticipate," "believe," "intend," "estimate," "plan" and similar
expressions. Although IHS and its management believe that the expectations
reflected in such forward-looking statements are reasonable, investors are
cautioned that forward-looking information and statements are subject to
various risks and uncertainties—many of which are difficult to predict and
generally beyond the control of IHS—that could cause actual results and
developments to differ materially from those expressed in, or implied or
projected by, the forward-looking information and statements. These risks and
uncertainties include those discussed or identified by IHS from time to time
in its public filings. Other than as required by applicable law, IHS does not
undertake any obligation to update or revise any forward-looking information
or statements. Please consult our public filings at www.sec.gov or
www.ihs.com.

Contact:

IHS Inc.
News Media Contact:
Ed Mattix, +1 303-397-2467
ed.mattix@ihs.com
or
Investor Relations Contact:
Andy Schulz, +1 303-397-2969
andy.schulz@ihs.com
 
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