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Kathleen Corbet

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This is an old revision of this page, as edited by Kirby Macintosh (talk | contribs) at 03:20, 21 July 2022 (Edited first sentence and corrected capitalization of "president" in career section). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Kathleen Ann Corbet (born 1960) is an American businesswoman best known for her controversial tenure as president of credit rating agency Standard & Poor's from 2004 to 2007.

Career

Corbet graduated from Boston College with a B.S. in Marketing and Computer Science and received her M.B.A. in Finance from New York University’s Stern School of Business. She is a member of the Council on Foreign Relations.[verification needed] At Boston College, she serves as aboard member on The Boston College Wall Street Council[1] and on the Board of Trustees of Boston College.[2]

Standard & Poor's

She served as president of Standard & Poor's (S&P), a subsidiary of S&P Global, formerly McGraw-Hill Financial Companies Inc. and a holding company of CRISIL Ltd. (Credit Rating Information Services of India Ltd.) from April 19, 2004 to August 30, 2007. During her tenure at S&P, McGraw-Hill's shares soared.[3] She resigned on September 14, 2007 and was replaced by MHP executive Deven Sharma.[4] McGraw-Hill spokesman, Steven Weiss, said "Mrs. Corbet's departure wasn't related to criticism of its subprime-bond ratings."

She was seen as one of the key 25 people responsible for financial crisis of 2007–2008.[5] In September 2013 TIME named Corbet one of the "10 to remember".[6]

History

Corbet was elected as the vice chairman to Tom Ferguson for the Waveny LifeCare Network.

Corbet was elected as a Class I director of Clearwater Analytics Holdings, Inc in 2022

References

  1. ^ "Boston College Alumni | About Wall Street Council". www.bc.edu. Retrieved 2018-03-21.
  2. ^ "Trustees & Leadership - About BC - Boston College". www.bc.edu. Retrieved 2018-03-21.
  3. ^ Lucchetti, Aaron; Ng, Serena (2007-08-31). "S&P President Corbet Is Replaced". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-04-02.
  4. ^ AOL. "AOL - Finance News & Latest Business Headlines". AOL.com. Retrieved 2018-03-21.
  5. ^ "25 People to Blame for the Financial Crisis". Time. 2009-02-11. ISSN 0040-781X. Archived from the original on February 15, 2009. Retrieved 2018-03-21.
  6. ^ Foroohar, Rana. "Financial Crisis: Five Years After, 10 to Remember". Time. ISSN 0040-781X. Retrieved 2018-04-02.
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