FALLS CHURCH, Va., Sept. 23, 2011 – Altegrity, Inc., the parent company of leading data and information services, risk management, employment screening and investigative services providers, today announced that Sharon T. Rowlands has been appointed Chief Executive Officer (CEO) and will become a member of Altegrity’s Board of Directors effective November 1. She will succeed Michael G. Cherkasky who will leave the company December 31, after transitioning his duties to Ms. Rowlands. Also, Steve Alesio, former Chairman & CEO of Dun & Bradstreet and a Senior Advisor of Providence Equity Partners, the majority owner of Altegrity, will become Chairman of the Board.
Since November 2008, Ms. Rowlands has served as CEO of Penton Media, Inc., the largest, independent business-to-business media company in the U.S. Prior to Penton, Ms. Rowlands worked for 12 years at Thomson Financial, a $2 billion revenue global information services unit of Thomson Corporation, including serving as President and CEO from 2005 to 2008. Previously, Ms. Rowlands held executive leadership roles at Financial Times Information (now Interactive Data Pricing and Reference Data), a leading provider of financial information and analytical software, including service as the Managing Director of Extel Financial, an international stock database provider.
“Under Mike’s leadership, we have assembled and integrated exceptional strategic assets serving commercial and government clients, including Kroll and USIS, and successfully launched the Altegrity global business platform,” said Julie G. Richardson, a Managing Director of Providence Equity Partners. “We appreciate Mike’s significant contributions to the success of this strategy, and we are pleased to welcomeSharonto Altegrity as we focus on taking the operations of our business to the next level. Sharon’s experience and strong track record of success in driving execution and efficiencies at large, international companies in markets analogous to Altegrity’s, make her an ideal candidate to lead Altegrity into its next chapter of operational excellence and growth.”
Mr. Cherkasky said, “It has been my great fortune to have led this corporation and its employees over the past three years. I look forward to working withSharonto ensure a smooth transition.”
Ms. Rowlands said, “I am honored to join Altegrity and look forward to working with the team to enhance operations at each of the businesses while we continue to create innovative solutions that meet our clients’ evolving needs. It is my goal to help create new opportunities across Altegrity’s global platform that benefit our clients, employees and investors.”
Ms. Rowlands has a Bachelor of Arts degree in History fromNewcastleUniversity,Newcastle-Upon-Tyne,U.K., and a Masters of Education from theUniversityofLondon, Goldsmith’s College,London,U.K.Ms. Rowlands is a member of the Board of Constant Contact, Inc. and served on the Board of Automatic Data Processing, Inc. for four years.
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About Altegrity, Inc.
Altegrity, Inc., is the parent and holding company of USIS, the largest commercial provider of background investigations for the federal government; Kroll, the world’s leading risk consulting company that provides a broad range of investigative, intelligence, financial, security and technology services to organizations and multinational corporations around the world; and HireRight, a global commercial employment background and drug screening supplier to more than one-third of the Fortune 500. Headquartered in Falls Church, Va., Altegrity has approximately 10,500 employees in 25 countries. Altegrity partners with its clients to help them Make Decisions Smarter® by uncovering, reviewing, analyzing and delivering information.
Media and Investor Contacts:
Michael John, 703.637.1694, firstname.lastname@example.org
Providence Equity Partners:
Andrew Cole, Sard Verbinnen & Co., 212.687.8080, email@example.com