Deven Sharma

Summary

Deven Sharma (born 1956 in Jharkhand) is an Indian businessman.

Deven Sharma
Born1956 (age 67–68)
Alma materDe Nobili School, FRI
Birla Institute of Technology
University of Wisconsin–Milwaukee
Ohio State University
OccupationPresident of Standard & Poor's
Board member ofCRISIL Ltd

Biography edit

Early life and education edit

Sharma attended De Nobili School, FRI, Digwadih, Dhanbad.[1] 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.[2]

Career edit

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.[3]

Sharma serves on the boards of CRISIL, The US-China Business Council[4] and Asia Society Business Council. He served as a Director of 1-800-Flowers.com Inc. from 12 May 2005 to 16 March 2007.[citation needed]

Deven Sharma became the public face of the firm in the wake of its downgrade of the United States' long-term debt rating on 5 August 2011.[5] According to Reuters News Service,[6] S&P announced on 23 August 2011 that Deven Sharma would step down as a Chief of Standard & Poor's effective 12 September 2011, and would leave the company by the end of the year.[citation needed]

References edit

  1. ^ "Deven Sharma, a Nobilian, is the new boss of S&P". Archived from the original on 1 October 2011. Retrieved 10 August 2011.
  2. ^ "Deven Sharma, President of Standard & Poor's". Bloomberg's Business Week. 8 May 2011. Archived from the original on 13 July 2012. Retrieved 6 August 2011.
  3. ^ "Standard & Poor's President to Step Down". The New York Times. 22 August 2011.
  4. ^ "Officers and Directors". The US-China Business Council. Archived from the original on 25 February 2009. Retrieved 23 February 2009.
  5. ^ "Home | S&P Global Ratings". [failed verification]
  6. ^ "S&P replaces president with Citibank exec after U.S. downgrade". Reuters. 23 August 2011.

External links edit

  • Standard & Poor's, Management Bios
  • Profile at SEC Roundtable
  • Appearances on C-SPAN
  • Business profile[dead link] at Bloomberg Businessweek
  • When Wall Street Nearly Collapsed, Deven Sharma, CNN Money, 2009
  • Deven Sharma to head S&P, Corbet quits
  • "Why Ratings Requirements Don’t Make Sense" WSJ 2010, Op-Ed by Deven Sharma
  • "Q.&A. With S&P’s President on the State of Ratings" NYT 2010