Michael E. Hansen

Last updated
Michael E. Hansen
Born
Michael Ekkehard Hansen

Education University of Bonn (LLM)
Columbia University (MBA)
Occupation CEO of Cengage

Michael Ekkehard Hansen is a German lawyer who is the chief executive officer of Cengage Learning. [1] [2] Hansen specialises in the evolution of the educational publishing industry, especially the transition the industry is making from print to digital and the development of new digital product lines. [1] [3]

Contents

Career

Hansen was born and grew up in Wuppertal, Germany. He received a Master of Laws from the University of Bonn, Germany. He then obtained an MBA in from Columbia University. Hansen joined the Boston Consulting Group in New York in 1989, staying for 11 years. He rose to become a partner and co-chairman of the company's e-business and media practice. [1] [4] After serving briefly as head of international operations at Proxicom, an internet focused technology company, he moved to Bertelsmann, a German media corporation, as executive Vice President of Operational Excellence. [1]

On August 14, 2006, he became the President and Chief Executive Officer of Harcourt Assessment the educational materials arm of Reed Elsevier. From June 2008 to August 10, 2012, he served as the CEO of Health Sciences at Elsevier B.V., a division of Reed Elsevier. He served as President of Book Fairs and International at the Scholastic Corporation, and became its Executive Vice President since March 2008.

Since September 17, 2012, Hansen has been the CEO of Delmar-Cengage Learning and Cengage Learning Holdings II, Inc. [1] [4] He has worked on the financial restructuring of the company, which involved filing for Chapter 11 bankruptcy, eliminating approximately $4 billion in funded debt and securing $1.75 billion in exit financing. [5]

Personal life

Hansen was married in 1997 but his wife Carina van Knoop died in 2020 from cancer. Hansen and van Knopp had three sons, Charles, Leonard, and Cooper. He enjoys snow skiing and Bikram yoga. [4] https://www.legacy.com/us/obituaries/nytimes/name/carina-knoop-obituary?id=12938136

Related Research Articles

<span class="mw-page-title-main">Donald J. Carty</span> Canadian-American businessman

Donald J. Carty, is a Canadian-American businessman who serves as chairman of Porter Airlines. Carty also serves as a director of VMWare, Hawaiian Airlines and Betterez. He was previously chairman and chief executive officer (CEO) of AMR Corporation, the parent company of American Airlines, from 1998 to 2003. He is the past Chairman of Virgin America and E-Rewards, Inc.. Carty is also a past director of Dell, CN Rail, Sears, Placer Dome, Barrick Gold, CHC Helicopters, Brinker International, Talisman Energy, EMC Corporation, and Gluskin Sheff. In January 2007, Carty became the vice chairman and chief financial officer of Dell. On June 13, 2008, Carty retired from day-to-day operations, but stayed on as a director. He is a past chairman of Big Brothers Big Sisters of America, a former member of the board of trustees of both Southern Methodist University and Queen's University and of the board of directors of the Dallas Center for the Performing Arts Foundation and the Dallas Theater Center. He currently serves on the executive board of the SMU Cox School of Business.

Revlon, Inc. is an American multinational company dealing in cosmetics, skin care, perfume, and personal care. The headquarters of Revlon was established in New York City on March 1, 1932, where it remains. Revlon was founded by brothers Charles and Joseph Revson, and chemist Charles Lachman. Revlon products are sold in 150 countries and the company has many global locations including Mexico City, London, Paris, Hong Kong, Indonesia, Sydney, Singapore, and Tokyo.

<span class="mw-page-title-main">Hertz Global Holdings</span> American car rental company

Hertz Global Holdings, known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental.

Houghton Mifflin Harcourt is an American publisher of textbooks, instructional technology materials, assessments, and reference works. The company is based in the Boston Financial District. It was formerly known as Houghton Mifflin Company, but it changed its name following the 2007 acquisition of Harcourt Publishing. Prior to March 2010, it was a subsidiary of Education Media and Publishing Group Limited, an Irish-owned holding company registered in the Cayman Islands and formerly known as Riverdeep. In 2022, it was acquired by Veritas Capital, a New York-based private-equity firm.

Bruce Williamson is an American energy company executive. He is best known as a former chief executive office (CEO) for global markets of North Carolina-based Duke Energy and CEO of Houston-based Dynegy.

<span class="mw-page-title-main">WESCO International</span> Holding company

WESCO International, Inc. is an American publicly traded Fortune 500 holding company for Wesco Distribution, a multinational electrical distribution and services company based in Pittsburgh, Pennsylvania.

<span class="mw-page-title-main">Houghton Mifflin Harcourt Learning Technology</span> Software publishing house

Houghton Mifflin Harcourt Learning Technology, originally started as Riverdeep Interactive Learning, is a publishing house for educational online and CD-ROM products based in San Francisco, Boston and Dublin, Ireland. Founded in 1995, Riverdeep was principally the creation of the Irish ex-investment banker Barry O'Callaghan. O'Callaghan was Riverdeep's CEO and controlling shareholder. Riverdeep also acquired the companies Broderbund, The Learning Company and Edmark, and became a distributor for said companies.

Gale is a global provider of research and digital learning resources. The company is based in Farmington Hills, Michigan, United States, west of Detroit. It has been a division of Cengage since 2007.

<span class="mw-page-title-main">AECOM</span> American engineering firm

AECOM is a multinational infrastructure consulting firm.

The Egmont Group is a Danish media corporation founded and rooted in Copenhagen, Denmark. The business area of Egmont has traditionally been magazine publishing, but has over the years evolved to comprise mass media generally.

Harcourt Assessment was a company that published and distributed educational and psychological assessment tools and therapy resources and provided educational assessment and data management services for national, state, district and local assessments. On January 30, 2008, Harcourt Assessment was merged into Pearson's Assessment & Information group after being acquired from Reed Elsevier for $950 million.

Chilton Company is a former publishing company, most famous for its trade magazines, and automotive manuals. It also provided conference and market research services to a wide variety of industries. Chilton grew from a small publisher of a single magazine to a leading publisher of business-to-business magazines, consumer and professional automotive manuals, craft and hobby books, and a large, well-known marketing research company.

<span class="mw-page-title-main">Cengage Group</span> American educational products company

Cengage Group is an American educational content, technology, and services company for the higher education, K–12, professional, and library markets. It operates in more than 20 countries around the world.

Education Media and Publishing Group, more commonly known as EMPG, is a holding company registered in the Cayman Islands with no operating subsidiaries. It also has a minority interest in an affiliate that focuses on markets outside the US called EMPGI. It was the effective successor to the Ireland-based Riverdeep company. It collapsed during the post-2008 Irish economic downturn following the financial crisis of 2007–2008. Prior to March 2010, EMPG owned the legacy Riverdeep and Houghton Mifflin Harcourt businesses, which it acquired in 2006 and 2007, respectively.

Berkery, Noyes & Co., LLC is a private middle-market investment bank based in New York City, United States, specializing in mergers and acquisitions advisory and financial consulting services.

<span class="mw-page-title-main">James Hogan (businessman)</span> Australian airline executive

James Reginald Hogan, is an Australian airline executive. Between 2006 and mid-2017, he was the President and CEO of Etihad Airways, one of the national airlines of the United Arab Emirates (UAE). He was also the CEO of Gulf Air.

<span class="mw-page-title-main">McGraw Hill Education</span> Educational publisher

McGraw Hill is an American publishing company for educational content, software, and services for pre-K through postgraduate education. It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education. The company also publishes reference and trade publications for medicine, business, and engineering. Formerly a division of The McGraw Hill Companies, McGraw Hill Education was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion. McGraw Hill was sold in 2021 to Platinum Equity for $4.5 billion.

<span class="mw-page-title-main">Digital Currency Group</span> American venture capital company

Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has the subsidiaries Foundry, Genesis, Grayscale Investments, and Luno. It also formerly owned CoinDesk.

<span class="mw-page-title-main">Linda Zecher</span> American executive (born 1953)

Linda Zecher Higgins is an American executive who is the managing director of The Barkley Group since January 2017. She most recently served as the president, CEO and director of Houghton Mifflin Harcourt, a global education and learning company. In the past she had worked as the corporate vice president of the Microsoft Worldwide Public Sector business unit until September 2011. Additionally she had served as the president and CEO of Evolve Corporation, as the senior vice president of Oracle, as a very early vice president of PeopleSoft, and in several senior positions in Bank of America. She began her career as a geophysicist with Texas Instruments.

Karthik Krishnan is an Indian-American business executive and the former global chief executive officer (CEO) of Britannica Group. He is an adjunct professor at the Stern School of Business, New York University. An NACD-certified board director, Karthik was profiled by the Financial Times' Agenda Week in their Diversity 100 publication.

References

  1. 1 2 3 4 5 Executive Profile - Michael E. Hansen Scholastic Corp., Bloomberg Research - Consumer Discretionary Sector Bloomberg.com
  2. Wall Street Journal company quotes - Cengage Learning profile quotes.wsj.com
  3. Michael E. Hansen VentureFizz.com Archived 2015-06-17 at the Wayback Machine
  4. 1 2 3 Dialogs - Our Conversations with Inspiring People: Michael Hansen northofneutral.com
  5. Chant, Ian (April 1, 2014) Q&A: Cengage Learning CEO Michael Hansen on Coming Out of Bankruptcy libraryjournal.com