Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Dun & Bradstreet Picks New CEO

Short Hills, N.J.-based Dun & Bradstreet (NYSE: DNB  ) will get a new CEO.

On Tuesday, D&B announced that current Chairman and Chief Executive Officer Sara Mathew will step down from both posts in favor of Robert Carrigan on Oct. 7. On that date, Carrigan will take over as President and CEO, and will also join the company's board of directors.

The company's current lead director, Christopher Coughlin, will become non-executive Chairman of the Board on that same date. Meanwhile, Mathew will remain with the company "in a non-executive role to facilitate a smooth leadership transition" through Dec. 31, retiring after that. After 12 years with the company, Mathew announced her intention to retire back in May. She was named CEO in January 2010.

Carrigan comes to D&B from IDG Communications, where he ran the company's online, print, and other media operations across 90 countries.

In a filing with the SEC, D&B said it will be paying Carrigan an annual base salary of $850,000, plus:

  • a bonus targeting $276,250 for 2013
  • a bonus targeting $1.105 million for 2014
  • an equity grant worth approximately $3 million
  • and a sign on equity grant worth approximately $1 million, paid in restricted stock units. 


Read/Post Comments (1) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 07, 2014, at 4:56 AM, traveleez wrote:

    Mötley Fools;

    ..... an interesting collection of eclectic intellectuals

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2630869, ~/Articles/ArticleHandler.aspx, 8/30/2016 3:29:20 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,435.57 -67.42 -0.36%
S&P 500 2,173.87 -6.51 -0.30%
NASD 5,212.90 -19.43 -0.37%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/30/2016 3:08 PM
DNB $137.68 Down -0.70 -0.51%
Dun and Bradstreet CAPS Rating: ****