Message #7 From:
NewsBot Date: September 26, 2006 06:17:00 AM
IHS News IHS Appoints Daniel Yergin as Executive Vice President and Strategic Advisor
ENGLEWOOD, Colo. & CAMBRIDGE, Mass.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS) -- a leading global provider of critical technical
information, decision-support tools, and strategic services -- today
announced that Daniel Yergin, Chairman of Cambridge Energy Research
Associates (CERA), has been appointed as Executive Vice President and
Strategic Advisor for IHS.
Yergin, the Pulitzer Prize-winning author of The Prize: The Epic
Quest for Oil, Money and Power, will continue in his leadership role
as Chairman of Cambridge Energy Research Associates, an IHS Company,
which provides analysis and insight into the energy future. In addition,
he will become a member of the IHS executive leadership team reporting
to Jerre Stead, Chairman and CEO, and will be a key advisor to the
company.
“Since our acquisition of CERA two years ago,
Dan Yergin’s contributions have been critical
to our mission of serving the global energy marketplace,”
said Jerre Stead. “He brings a unique and
authoritative perspective on both energy and the global economy, which
will help all of IHS to serve our selected industry verticals with
excellence. His appointment is further proof of our ongoing commitment
to our industry-leading role of delivering knowledge and independent
analysis on energy markets in particular, geopolitics, industry trends
and corporate strategy in general.”
“IHS plays a critical role in the operations
and development of the energy industry worldwide, and of other major
industries,” said Yergin. “It
is very gratifying to be appointed to this position and I look forward
to working with Jerre and the board to bring to bear my experience in
helping IHS to expand its contribution around the world. Since CERA
became part of IHS, I have been very impressed by what CERA and IHS
together can achieve in meeting the needs of an industry going through
great change. I strongly believe my new role will help to foster closer
collaboration within a framework that enhances CERA’s
research independence, objectivity, creative culture, and business
success in a way that provides even greater benefit to the companies and
institutions we serve.”
IHS (NYSE:IHS) is a leading global provider of critical technical
information, decision-support tools and related services to customers in
a number of industries including energy, defense, aerospace,
construction, electronics, and automotive through two operating
segments, Engineering and Energy. We serve customers ranging from
governments and large multinational corporations to smaller companies
and technical professionals in more than 100 countries. Our customers
rely on our offerings to facilitate decision making, support key
processes and improve productivity. We have been in business for more
than 45 years and employ more than 2,500 people around the world.
Cambridge Energy Research Associates (CERA), an IHS Company, is a
leading advisor to energy companies, consumers and industrial companies,
financial institutions, technology companies, and governments. CERA
delivers strategic knowledge and independent analysis on energy markets,
geopolitics, industry trends, and strategy. CERA is based in Cambridge,
Massachusetts, and has offices in Bangkok; Beijing; Calgary; Dubai;
Johannesburg; Mexico City; Moscow; Mumbai; Oslo; Paris; Rio de Janeiro;
San Francisco; Tokyo; and Washington, DC.
