Dun & Bradstreet Corp. (DNB) announced that chairman and chief executive officer Steven Alesio will retire from the company, effective June 30, 2010. Sara Mathew will succeed Alesio. Mathew has been D&B president & chief operating officer since 2007.
This planned succession will take place with Mathew assuming CEO responsibilities and maintaining her president title, effective January 1, 2010. Alesio will continue as chairman of the board until June 30, 2010, at which point Mathew will then become chair of the board, effective July 1, 2010. The company said that it has no immediate plans to fill the chief operating officer position.
Sara Mathew, 54, was named president and chief operating officer of D&B in February 2007, and has served as a member of D&B's board of directors since January 2008. She joined D&B in August 2001 as chief financial officer. In January 2006, she added responsibility as president - international. In September 2006, she then became president - U.S. In February 2007, Sara was promoted to the company's president and chief operating officer, relinquishing her role as CFO. Prior to joining D&B, Sara had an 18-year career with Procter & Gamble, where she served in a number of executive positions in finance and general management, both domestically and overseas.
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