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May 25, 2015 12:50 PM ET

Media

Company Overview of McGraw-Hill Education, Inc.

Company Overview

McGraw-Hill Education, Inc. offers educational materials and learning solutions for students, instructors, professionals, and institutions worldwide. It delivers content, tools, and services through print, digital, and hybrid solutions for the pre-kindergarten (PreK-12), secondary school, the 2-and 4-year college and university, and the professional learning and information markets. The company operates in two segments, Higher Education, Professional, and International Group (HPI); and School Education Group (SEG). The HPI segment provides higher education products that offer instructional content, adaptive learning, assessment, and institutional services to students, professors, provosts, a...

2 Penn Plaza

New York, NY 10121

United States

5,300 Employees

Phone:

212-904-2588

Key Executives for McGraw-Hill Education, Inc.

Chief Executive Officer and President
Age: 51
Executive Chairman
Chief Financial Officer, Chief Administrative Officer and Executive Vice President
Senior Vice President of Finance and Operations
President of Professional Group
Compensation as of Fiscal Year 2014.

McGraw-Hill Education, Inc. Key Developments

McGraw-Hill Education Appoints Catherine J. Mathis as Chief Communications Officer

McGraw-Hill Education announced that Catherine J. Mathis has joined the company as chief communications officer. In this role, she will be responsible for conception, design and implementation of corporate communication strategies targeted to critical business, media and education policy-related audiences. Mathis will also lead influencer and stakeholder management efforts aimed at key individuals, investor audiences and organizations relating to the business and future strategies of the company. Mathis was most recently the senior vice president of marketing and communications for Standard & Poor's Ratings Services. She was also a member of the Standard & Poor's executive committee, and brings a wealth of experience in leading and executing communications strategies for companies in the fields of finance, media and technology. She starts her new position with McGraw-Hill Education on May 4, 2015 and will be based in New York City. The appointment of Mathis as chief communications officer comes as McGraw-Hill Education continues its transformation as a leader in applying learning science to help improve outcomes for students, educators and professionals.

McGraw-Hill Education Prepares For IPO

McGraw-Hill Education, Inc. is planning for an initial public offering (IPO), during the fourth quarter of this year, potentially valuing the textbook company at around $5 billion, including debt, as per the sources related to matter. Apollo Global Management, LLC (NYSE:APO) parent company of McGraw-Hill Education has held talks with investment banks about the IPO, though their underwriter roles will not be finalized before the summer as per sources.

McGraw-Hill Education Launches New Computer Adaptive Test for Acuity

McGraw-Hill Education launched a new computer adaptive test (CAT) for Acuity®, a K-12 interim assessment solution available in Math and English Language Arts. The new adaptive methodology, called ShadowCAT™, uses a shadow-test algorithm to ensure that all test requirements are met while maximizing the information obtained from each test taker to provide a valid, precise score for every student. The Acuity adaptive solution is a key component of the Acuity College and Career Readiness (CCR) assessment solution, a new suite of interim assessments for Grades 3 "8 that uses all assessment items written to the new college and career readiness standards. Recently recognized as a finalist for Best Student Assessment Solution by the 2015 SIIA CODiE Awards, Acuity CCR assessments are the only interim assessments that reflect the blueprint, rigor, item types, and expectations of the next-generation summative exams. Acuity CCR is the first assessment solution in K-12 education to employ this methodology for adaptive testing. Developed by McGraw-Hill Education CTB Chief Research Scientist Dr. Wim van der Linden, the assessment field recognizes the ShadowCAT methodology as the superior adaptive testing algorithm. During an adaptive testing experience in Acuity, the ShadowCAT algorithm: Creates a complete and optimal test form after each response to a question. Presents a student with the next, single optimal test question selected from the form (the remainder of the form is not seen by the student, hence the name shadow test). Creates a new complete and optimal test as soon as the student answers the optimal question, and delivers the most ideal item from that test to the student. Repeats this process until all test requirements have been fulfilled. Avoids selecting test questions that lead to future violations of any test requirement, which results in more precise, valid, reliable, and comparable scores for individual students and student groups over time. Educators benefit immediately from Acuity CCR adaptive assessments with detailed reports that uncover each student's strengths and opportunities for improvement in relation to college and career readiness standards. Adaptive assessments include a variety of assessment question types, including technology-enhanced items that are automatically scored by Acuity without requiring any manual scoring by educators. Reports include scaled scores for tracking progress, percentile ranks, and mastery levels for each college and career readiness-reporting category. Unlike other adaptive assessment solutions, Acuity CCR adaptive reports enable educators to view items delivered to each student, with a focus on using assessment results to improve student learning.

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