GMI Ratings Announces Promotions, New Hires
- Howard Sherman, Executive Director, Assumes Global Leadership Responsibilities
- Lev Janashvili Promoted to Managing Director, Head of U.S. Sales and Marketing
- John Condon Promoted to Vice President, North American Sales
- Seven People Added to Sales and Marketing Team in the Past Six Months
New York — January 24, 2013 — GMI Ratings, the leading provider of research on environmental, social, governance (ESG) and accounting-related risks affecting the performance of public companies, today announced staff additions and promotions.
Howard Sherman, Executive Director, assumes leadership responsibilities for all non-US operations. Based in GMI Ratings’ London office, Sherman is leading sales, strategic partnerships and business development in Europe, Middle East, Asia and Latin America. Sherman is the former chief executive of Institutional Shareholder Services (ISS), now part of MSCI, and of Thomson Financial Investor Relations, now part of Thomson Reuters. He is a founding member of the International Corporate Governance Network (ICGN) and the Network for Sustainable Financial Markets.
Lev Janashvili, who joined GMI Ratings in June 2012 as Director of Marketing, was promoted to Managing Director, effective today, with primary responsibilities for leading U.S. sales and marketing. Janashvili brings to GMI Ratings 17 years of experience in marketing, public relations and business development. He has held senior positions at several global public relations firms.
John Condon, who has served as Director of North American sales since 2010, was promoted to Vice President, effective today. In this position, Condon will continue to focus on the insurance market and lead the U.S.-based client service team. Prior to the three-way merger that created GMI Ratings, Condon served as Chief Sales Officer for Audit Integrity, a predecessor firm that had developed the Accounting and Governance Risk (AGR®) model. Prior to Audit Integrity, Condon was a National Sales Manager for Moody’s Corporation.
Over the past six months, GMI Ratings added seven people to its global sales and marketing team:
- Joshua Kendall — Client Relations and Communications Manager based in London
- Lucio Carta — Sales Associate based in London
- Joe Kern — Sales and Marketing Associate based in New York
- Henry Marigliano — Sales Associate based in New York
- Alan Stern — Sales Associate based in New York
- Sasha Pagella — Client Relationship Manager
- Greg Ruel was promoted to Client Service Representative
James A. Kaplan, GMI Ratings’ Vice Chairman and Chief Executive, said: “Since the merger of our three predecessor companies in 2010, GMI Ratings has achieved crucial strategic and product-development milestones that position us to capitalize on the growing demand for ESG and forensic accounting research. We are increasing our investment in sales and marketing as well as technology and product development because we feel confident that the changing character of global capital markets will continue to spur demand for sophisticated extra-financial research.”
Kaplan continued: “The promotions and staff additions we are announcing today are only the beginning. In the next few months, we also expect to add a senior sales executive to our London team to help build on Howard’s impressive success thus far in European and Asian markets. In the near future, we also expect to recruit a U.S.-based sales associate to focus on asset manager and asset owner market segments.”
About GMI Ratings
GMI Ratings is an independent provider of research and ratings on environmental, social, governance and accounting‐related risks affecting the performance of public companies. The firm’s ESG ratings for nearly 5,500 companies worldwide incorporate 120 ESG KeyMetrics™ to help investors assess the sustainable investment value of corporations. The firm also provides Accounting and Governance Risk (AGR®) ratings and corresponding litigation probabilities for approximately 18,000 public companies worldwide. AGR metrics reflect the accuracy and reliability of a company’s financial reporting. Clients of GMI Ratings include leading investment managers, asset owners, insurers, auditors, regulators and corporations seeking to incorporate accounting and ESG factors into risk assessment and decision‐making. A signatory to the Principles for Responsible Investment (PRI), GMI Ratings was formed in 2010 through the merger of GovernanceMetrics International, The Corporate Library and Audit Integrity. In the 2012 Independent Research in Responsible Investment (IRRI) Survey conducted by Thomson Reuters Extel and SRI‐CONNECT.com, GMI Ratings was named “The Best Independent Corporate Governance Research Provider.” For more information please visit www.gmiratings.com.
Joyce Brown (email@example.com; +1 207/553‐5679)