McGraw Hill Appoints Former Senator Evan Bayh to Company's Board of Directors

NEW YORK, May 28, 2013 /PRNewswire/ -- McGraw-Hill today announced the appointment of Evan Bayh, the former U.S. senator from Indiana, to its board of directors.

"Evan Bayh brings extensive leadership experience and a record of achievement in the private and public sectors," said Ronald Schlosser, executive chairman of McGraw-Hill. "Evan will work closely with me, McGraw-Hill President and Chief Executive Officer Buzz Waterhouse, and the company's other senior leaders to provide guidance regarding best practices, trends and strategies that will help position McGraw-Hill for success."

Now a senior advisor at Apollo Global Management and a partner at the law firm McGuireWoods, Mr. Bayh served as the U.S. senator from Indiana from 1999-2011. In the Senate, Mr. Bayh served on several committees, including Armed Services; Banking, Housing and Urban Affairs; Energy and Natural Resources; Small Business and Entrepreneurship; Aging; and Senate Intelligence. Prior to being elected to the Senate, he was elected to two terms as governor of Indiana and served as Indiana's secretary of state. As governor of Indiana, Mr. Bayh created the 21st Century Scholars program, which promised at-risk middle school students full tuition scholarships for avoiding drugs, alcohol and crime and maintaining decent grades. He also served as chairman of the Democratic Governors Association National Education Goals Panel in 1995 and chairman of the Education Commission of the States.

"I believe there is an incredible opportunity to accelerate the digital transformation of education to create the type of engaging, personalized learning experiences that will drive results for students and educators around the world," said Evan Bayh. "I look forward to working closely with Ron Schlosser, Buzz Waterhouse and other senior leaders at McGraw-Hill to help the company fully realize this opportunity."

The latest board appointment comes as McGraw-Hill continues its plan to grow as a standalone company. On March 22, The McGraw-Hill Companies (now McGraw-Hill Financial) completed the sale of McGraw-Hill to funds affiliated with Apollo Global Management, LLC (NYSE: APO) for $2.4 billion.