Background
Doctor Deven Sharma was born in the mining town of Dhanbad in Bihar (now a part of Jharkhand), India.
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Deven Sharma
Edit ProfilePresident of Standard & Poor"s
Education
Birla Institute of Technology, Mesra. University of Wisconsin–Milwaukee. Ohio State University.
Career
Mr. Sharma joined Standard & Poor"s in 2006 as executive vice president, Investment Service and Global Sales. On August 23, 2011 he resigned. His successor is Douglas Peterson, former Chief Operating Officer of Citibank.
Before joining Standard & Poor"s, he was executive vice president, Global Strategy at The McGraw-Hill Companies for five years.
Early life and education
His father R. North. Sharma was chairman of Bharat Coking Coal Limited., Dhanbad. Sharma did his schooling from De Nobili School, FRI, Digwadih, Dhanbad.
He received his Bachelor"s Degree from Birla Institute of Technology, Ranchi, India, a Master"s Degree from University of Wisconsin–Milwaukee and a Doctoral degree in Business Management from Ohio State University. Sharma worked with manufacturing companies, Dresser Industries and Anderson Strathclyde.
After that he joined Booz Allen Hamilton where he worked for 14 years and led its strategy, operations performance, sales and marketing, and global expansion engagements for service-, marketingand information-intensive companies.
He left the company as a partner and joined McGraw-Hill in 2002. He served as Executive Vice President of Global Strategy of McGraw-Hill Companies Incorporated., from January 15, 2002 to October 2006 and as Executive Vice President of Investment Services and Global Sales of Standard & Poor"s, from November 1, 2006. He was named president of Standard & Poor"s in August 2007.
In August 2011, he announced that he would step down from the position of president later in the year.
Sharma serves on the boards of CRISIL, The United States-China Business Council and Asia Society Business Council. He served as a Director of 1-800-Flowers.com Incorporated. from May 12, 2005 to March 16, 2007.
He has authored three publications: The Truth About Customer Solutions, Customer Solutions-Pilots to Profits, and Connecting the Demand Chain. Deven Sharma became the public face of the firm in the wake of its historic downgrade of the United States" long-term debt rating on 5 August 2011.
According to Reuters News Service, South&P announced on August 23, 2011 that Deven Sharma will step down as a Chief of Standard & Poor"s effective September 12, 2011, and will leave the company by end of the year.
