McGraw Hill Financial CEO to retire

(Reuters) - McGraw Hill Financial Inc said Chief Executive Harold McGraw will step down and be replaced by Douglas Peterson.

Peterson is currently president of Standard & Poor's Ratings Services. The appointment will be effective from November 1, the company said in a statement.

Harold McGraw, a member of the company's founding family who turns 65 in August, will continue as chairman.

(Reporting by Tanya Agrawal in Bangalore; Editing by Sreejiraj Eluvangal)

Source: http://news.yahoo.com/mcgraw-hill-financial-ceo-retire-125656968.html

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