Kathleen Ann Corbet (born 1960) is an American businesswoman best known for her controversial tenure as president of credit rating agency Standard & Poor's from 2004 to 2007.
Corbet graduated from Boston College with a B.S. in Marketing and Computer Science and received her M.B.A. in Finance from New York University's Stern School of Business. She is a member of the Council on Foreign Relations.[ verification needed ] At Boston College, she serves as aboard member on The Boston College Wall Street Council [1] and on the Board of Trustees of Boston College. [2]
She served as president of Standard & Poor's (S&P), a subsidiary of S&P Global, formerly McGraw-Hill Financial Companies Inc. and a holding company of CRISIL Ltd. (Credit Rating Information Services of India Ltd.) from April 19, 2004 to August 30, 2007. During her tenure at S&P, McGraw-Hill's shares soared. [3] She resigned on September 14, 2007 and was replaced by MHP executive Deven Sharma. [4] McGraw-Hill spokesman, Steven Weiss, said "Mrs. Corbet's departure wasn't related to criticism of its subprime-bond ratings."
She was seen as one of the key 25 people responsible for financial crisis of 2007–2008. [5] In September 2013 TIME named Corbet one of the "10 to remember". [6]
Corbet was elected as the vice chairman to Tom Ferguson for the Waveny LifeCare Network.
Corbet was elected as a Class I director of Clearwater Analytics Holdings, Inc in 2022
Boston College (BC) is a private Jesuit research university in Chestnut Hill, Massachusetts. Founded in 1863, the university has more than 15,000 total students. Although Boston College is classified as a research university, it still uses the word "college" in its name to reflect its historical position as a small liberal arts college.
St. Paul's School is a college-preparatory, coeducational boarding school in Concord, New Hampshire, affiliated with the Episcopal Church. The school's 2,000-acre (8.1 km2), or 3.125 square mile, campus serves 540 students, who come from 37 states and 28 countries.
Milton Academy is a co-educational, independent, and college-preparatory boarding and day school in Milton, Massachusetts, educating students in grades K–12. The Lower School educates day students and the Upper School educates a roughly even mixture of boarding and day students.
Jane Maria Swift is an American politician and nonprofit executive who served as the 69th lieutenant governor of Massachusetts from 1999 to 2003 and, concurrently, as acting governor from April 2001 to January 2003. She was the first woman to perform the duties of governor of Massachusetts. At the time she became acting governor, Swift was 36 years old, making her the youngest female governor or acting governor in U.S. history.
S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, S&P Global Mobility, S&P Global Engineering Solutions, S&P Global Sustainable1, and S&P Global Commodity Insights, CRISIL, and is the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".
Carla Anderson Hills is an American lawyer and former government official. A member of the Republican Party, she previously served as the 5th United States Secretary of Housing and Urban Development under President Gerald Ford from 1975 to 1977 and as the 10th United States Trade Representative under President George H. W. Bush from 1989 to 1993. Hills was the first woman to hold each of those posts, the third woman ever to serve in a presidential cabinet, and the first appointed to both cabinet and cabinet-rank positions. Hills is the earliest-serving living former U.S. Cabinet member.
Peter Lynch is an American investor, mutual fund manager, author and philanthropist. As the manager of the Magellan Fund at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world. During his 13-year tenure, assets under management increased from US$18 million to $14 billion.
The College of Saint Rose was a private Catholic college in Albany, New York. It was founded in 1920 by the Sisters of St. Joseph of Carondelet as a women's college. It became fully co-educational in 1969. The following year, the college added laypersons to its board and became an independent college sponsored by the sisters. The college was in the Pine Hills neighborhood of Albany. It was a Division II member of the National Collegiate Athletic Association (NCAA).
Richard Severin Fuld Jr. is an American banker best known as the final chairman and chief executive officer of investment bank Lehman Brothers. Fuld held this position from 1 April 1994 after the firm's spinoff from American Express until 15 September 2008. Lehman Brothers filed for bankruptcy protection under Chapter 11 on September 15, 2008, and subsequently announced the sale of major operations to parties including Barclays Bank and Nomura Securities.
Jean Case is an American businesswoman, author, and philanthropist who is chair of the board of National Geographic, CEO of Case Impact Network, and CEO of the Case Foundation. She is married to AOL co-founder Steve Case.
Michelle Slatalla is an American journalist and humorist. Currently, she writes a monthly column for the Wall Street Journal about interior design. Previously, she was a columnist for The New York Times, TIME magazine, Real Simple, and a reporter for Newsday. In 2012 she created the outdoor design blog Gardenista, and was the editor in chief of the site for seven years. She has written several books, including Gardenista: The Definitive Guide to Stylish Outdoor Spaces and The Town on Beaver Creek: The Story of a Lost Kentucky Community.
Sara Martinez Tucker is a former chief executive officer of the National Math and Science Initiative. She was formerly the Under Secretary of Education at the U.S. Department of Education and a former president and chief executive officer of the Hispanic Scholarship Fund (HSF).
Joseph Kiwánuka, MAfr was a Ugandan prelate of the Catholic Church. He served as Archbishop of Rubaga from 1960 until his death.
Cengage Group is an American educational content, technology, and services company for higher education, K–12, professional, and library markets. It operates in more than 20 countries around the world.
Mary Lovelace Schapiro served as the 29th Chair of the U.S. Securities and Exchange Commission (SEC). She was appointed by President Barack Obama, unanimously confirmed by the U.S. Senate, and assumed the Chairship on January 27, 2009. She is the first woman to be the permanent Chair of the SEC. In 2009, Forbes ranked her the 56th most powerful woman in the world.
Naked Capitalism is a liberal American group blog. Susan Webber, the principal of Aurora Advisors Incorporated, a management-consulting firm based in New York City, launched the site in late 2006, using the pen name Yves Smith. She focused on finance and economic news and analysis, with an emphasis on legal and ethical issues of the banking industry and the mortgage foreclosure process, the worldwide effects of the banking crisis of 2008, the 2007–2012 global financial crisis, and its aftermath. The site became one of the most highly frequented financial blogs on the Internet and has published a number of noted exposés since.
Douglas L. Peterson is the president and chief executive officer of S&P Global, formerly McGraw Hill Financial. He became president and chief executive officer in November 2013. Peterson has served on S&P Global’s Board of Directors since July 2013. In June 2024, Peterson announced his plans to retire from the position of CEO and step down, with S&P Global Ratings President Martina Cheung replacing him. Doug originally joined the company as president of Standard & Poor's Ratings Services in 2011.
Aron Ain is an American software technology executive and author. He became the CEO of UKG in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022. UKG was created from the merger of Ultimate Software and Kronos Incorporated, and provides global HCM and workforce management solutions. Previously, Ain had been the chief executive officer of Kronos Incorporated since 2005.
Luciana "Lucy" Fato is an American corporate attorney. She has been general counsel at AIG since October 2017.
Thomas A. Russo is an American attorney and former Wall Street executive. He was vice chairman and chief legal officer of Lehman Brothers and general counsel for American International Group (AIG), two of the companies that played a major role in the 2007–2008 financial crisis.