Plus   Neg

Dun & Bradstreet Appoints Thomas Manning As Chairman & Interim CEO - Quick Facts

Dun & Bradstreet (DNB) announced that Thomas Manning, a director of the company since 2013 and Lead Director since 2016, has been appointed Chairman of the Board and interim Chief Executive Officer, effective immediately. The Board will commence a new search for a permanent CEO, with the assistance of an executive search firm. The appointment follows Robert Carrigan's decision to step down as Chairman of the Board, CEO, and as a director of the company.

Separately, Dun & Bradstreet announced that it has declared an increased quarterly cash dividend of $0.5225 per share, up from the prior quarterly dividend of $0.5025 per share. The quarterly cash dividend is payable on March 9, 2018, to shareholders of record as of the close of business on February 22, 2018.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
HP Inc. (HPQ), the PC and printer business of the former Hewlett-Packard Co., on Thursday reported a profit for the first quarter that increased from last year and trumped analysts' expectations driven largely by a higher-than-expected revenues. The PC giant detailed a second-quarter and full year... Hormel Foods Corp. (HRL) reported a profit for the first quarter of fiscal 2018 that increased 28.9 percent from the prior year. Total net sales grew 2.2 percent from last year. Earnings per share topped analysts' expectations, while quarterly revenues missed their estimates. The company raised annual earnings per share guidance due to U.S. tax reform, while it maintained annual net sales outlook. Shares of Deutsche Telekom AG were losing around 3 percent in the morning trading in Germany after the telecom giant reported Thursday a decline in fourth-quarter EBITDA, a key earnings metric, with weak revenues. However, the company recorded a net profit, compared to loss last year on positive US tax effect. Deutsche Telekom lifted its dividend and said it expects higher earnings in 2018.
comments powered by Disqus
Follow RTT