McGraw-Hill Education Appoints David Levin as Chief Executive Officer

    McGraw-Hill Education Appoints David Levin as Chief Executive Officer

Levin brings deep technology and global experience to accelerate digital
learning company's growth

PR Newswire

NEW YORK, Jan. 13, 2014

NEW YORK, Jan. 13, 2014 /PRNewswire/ --McGraw-Hill Education today announced
the appointment of David Levin as the company's president and chief executive
officer. Mr. Levin, 51, is currently the chief executive of UBM, a
multinational media company headquartered in London, and brings a wealth of
experience in leading public and private companies in the fields of media and
technology. He will be based in New York City and succeed Lloyd G. "Buzz"
Waterhouse, who joined McGraw-Hill Education as its president and CEO in June
2012 and who recently announced his retirement. Mr. Waterhouse will remain
with the company until Mr. Levin begins his tenure in April 2014 and will
remain on the company's board of directors after he steps down as CEO.

(Photo: http://photos.prnewswire.com/prnh/20140113/NY44808)

The appointment of Mr. Levin as CEO comes as McGraw-Hill Education continues
its transformation as a leader in digital learning and growth as a standalone,
global company. In March 2013, funds affiliated with Apollo Global Management,
LLC (NYSE: APO) purchased McGraw-Hill Education from The McGraw-Hill Companies
(now McGraw Hill Financial).

"David Levin stood out from the exceptional group of executives identified in
our search because of his unique combination of extensive international
experience, demonstrated track record leading a digital transformation at UBM,
stellar leadership skills, financial acumen and passion for education. It
gives me great pleasure to announce his appointment as CEO,"said Larry Berg,
senior partner at Apollo Global Management. "We are confident that David will
lead the entire McGraw-Hill Education team in accomplishing its shared
objective of making the company the leading provider of powerful and
innovative digital learning solutions on a global scale."

Mr. Berg added: "I also want to acknowledge the accomplishments of Buzz
Waterhouse, who built a solid foundation of operational excellence as he led
the company through a complicated corporate carve-out, strengthened management
with distinguished hires and helped set the strategic direction for the
business."

"David is an exceptional choice to lead McGraw-Hill Education into its next
chapter of digital transformation and global growth," said Mr. Waterhouse.
"His strong record of leadership, combined with his experience in managing
large international technology companies, makes him the ideal candidate to
further McGraw-Hill Education's growth domestically and abroad."

Over his nearly nine years leading UBM, Mr. Levin reoriented the company's
business mix toward emerging markets while growing its U.S. revenues. Mr.
Levin also shifted UBM's business models away from print and toward live
events and online communities and renewed the company's culture, fostering an
open, collaborative and social environment. Under his leadership, UBM
realigned its portfolio through more than 100 acquisitions.

"I'm really excited to be joining McGraw-Hill Education at such a pivotal
point for both the company and the education industry," said Mr. Levin. "There
is no doubt that the revolution in technology is accelerating and driving
companies and business models to evolve. In just a few short years,
McGraw-Hill Education has made great strides in its transformation from a
textbook publisher to a digital learning solutions company. McGraw Hill
Education's mission – to reimagine learning to create a better smarter world -
is compelling and the opportunity to make a positive impact on teaching and
learning through a clever blending of content, instructional design and
technology is huge. This is a unique opportunity to develop a company with a
remarkable legacy and to personalize and improve educational outcomes for
millions of students all over the world."

The appointment of Mr. Levin as CEO comes as McGraw-Hill Education continues
its transformation as a leader in digital learning and growth as a standalone,
global company. In the last year, McGraw-Hill Education has
investedsignificantly in digital research and development to strengthen its
offerings and improve teaching and learning, and opened an R&D center in
Boston's innovation district. Through the company's most recent acquisition
ofALEKS Corporation,purchase of an equity stake in Danish adaptive learning
company Area9, as well as a partnership withIsrael-basedTime to Know, the
company is continuing to build its capabilities in adaptive and personalized
learning.

Prior to his tenure at UBM, Mr. Levin was chief executive of Symbian Software,
a U.K based software group that built the operating system to power the first
generation of smartphones. He has also served as chief executive of Psion PLC,
a London-based consumer and business technology company, and as chief
operating officer and finance director of Euromoney Institutional Investor
PLC, one of Europe's largest business and financial magazine publishers. Mr.
Levin also served for seven years as a non-executive on the Finance Committee
of the Oxford University Press.

Mr. Levin received his bachelor's degree in politics, philosophy and economics
from Oxford University and his M.B.A. from Stanford University.

About McGraw-Hill Education

McGraw-Hill Education is a digital learningcompany that draws on its more
than 100 years of educational expertise to offer solutions that improve
learning outcomes around the world. McGraw-Hill Education is the adaptive
education technology leader with the vision for creating a highly personalized
learning experience that prepares students of all ages for the world that
awaits. The Company has offices acrossNorth America,India,China,Europe,
theMiddle EastandSouth America, and makes its learning solutions available
in more than 60 languages. For additional information,
visitwww.mheducation.com.

Contact:
Brian Belardi
McGraw-Hill Education
(646) 766-2951
brian.belardi@mheducation.com

SOURCE McGraw-Hill Education

Website: http://www.mheducation.com
 
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