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{{Infobox person
| name = Deven Sharma
| image =
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| birth_name =
| birth_date = {{Birth year and age|1956}}
| birth_place = [[Dhanbad]], [[Bihar]] Now [[Jharkhand]], [[India]]
| occupation = President of [[Standard & Poor's]]
|boards= CRISIL Ltd
| alma_mater = [[Birla Institute of Technology]]<br>[[University of Wisconsin–Milwaukee]]<br> [[Ohio State University]]
| salary =
| spouse =
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'''Deven Sharma''' (born 1956 in Jharkhand, India) was an executive, and the president of [[Standard & Poor's]], a division of [[S&P Global]] (''formerly''[[McGraw-Hill|The McGraw-Hill Companies]]),<ref>{{cite web|url=http://www.mcgraw-hill.com/site/about-us/executive-profiles/sharma|accessdate=2009-02-23|title=Executive Profiles, Operations, Deven Sharma|publisher=[[McGraw-Hill|The McGraw-Hill Companies]]|archive-url=https://web.archive.org/web/20100626100620/http://www.mcgraw-hill.com/site/about-us/executive-profiles/sharma|archive-date=2010-06-26|url-status=dead}}</ref> providing independent credit ratings, indices, risk evaluation, and investment research. Mr. Sharma joined Standard & Poor's in 2006 as executive vice president, Investment Service and Global Sales. On August 23, 2011 he resigned. His successor is Douglas Peterson, former Chief Operating Officer of [[Citibank]]. Before joining Standard & Poor's, he was executive vice president, Global Strategy at The McGraw-Hill Companies for five years.

== Biography ==
===Early life and education===
Dr. Deven Sharma was born in the mining town of [[Dhanbad]] in [[Bihar]] (now a part of [[Jharkhand]]), [[India]].{{Citation needed|date=August 2011}} His father R. N. Sharma was chairman of [http://Bharat%20Coking%20Coal%20Ltd.www.bccl.gov.in Bharat Coking Coal Ltd.]{{Dead link|date=July 2019 |bot=InternetArchiveBot |fix-attempted=yes }}, [[Dhanbad]]. Sharma did his schooling from [[De Nobili School, FRI]], Digwadih, [[Dhanbad]].<ref>{{Cite web |url=http://denobili.edu.in/alumni/58-us-alumni-chapter/112-deven-sharma-a-nobilian-is-the-new-boss-of-sap |title=Archived copy |access-date=2011-08-10 |archive-url=https://web.archive.org/web/20111001041147/http://denobili.edu.in/alumni/58-us-alumni-chapter/112-deven-sharma-a-nobilian-is-the-new-boss-of-sap |archive-date=2011-10-01 |url-status=dead }}</ref> He received his Bachelor's Degree from [[Birla Institute of Technology|Birla Institute of Technology, Ranchi]], [[India]], a Master's Degree from [[University of Wisconsin–Milwaukee]] and a Doctoral degree in Business Management from [[Ohio State University]].<ref>{{cite web | url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=1519293&ticker=MHP:US | title=Deven Sharma, President of Standard & Poor's | publisher=Bloomberg's Business Week | date=08/5/11 | accessdate=August 6, 2011}}</ref>

===Career===
Sharma worked with manufacturing companies, [[Dresser Industries]] and [[Anderson Strathclyde]]. After that he joined [[Booz Allen Hamilton]] where he worked for 14 years and led its strategy, operations performance, sales and marketing, and global expansion engagements for service-, marketing- and information-intensive companies. He left the company as a partner and joined [[McGraw-Hill]] in 2002. He served as Executive Vice President of Global Strategy of McGraw-Hill Companies Inc., from January 15, 2002 to October 2006 and as Executive Vice President of Investment Services and Global Sales of Standard & Poor's, from November 1, 2006. He was named president of Standard & Poor's in August 2007. In August 2011, he announced that he would step down from the position of president later in the year.<ref>{{cite news| url=https://dealbook.nytimes.com/2011/08/22/s-p-president-to-step-down/?hp | work=The New York Times | title=Standard & Poor's President to Step Down | date=August 22, 2011}}</ref>

Sharma serves on the boards of [[CRISIL]], The US-China Business Council<ref>{{cite web|url=http://www.uschina.org/board_of_directors.html|accessdate=2009-02-23|title=Officers and Directors|publisher=The US-China Business Council|archive-url=https://web.archive.org/web/20090225121222/http://www.uschina.org/board_of_directors.html|archive-date=2009-02-25|url-status=dead}}</ref> and Asia Society Business Council. He served as a Director of 1-800-Flowers.com Inc. from May 12, 2005 to March 16, 2007. He has authored three publications: The Truth About Customer Solutions, Customer Solutions-Pilots to Profits, and Connecting the Demand Chain.

Deven Sharma became the public face of the firm in the wake of its historic downgrade of the United States' long-term debt rating on 5 Aug 2011.<ref>http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316529563</ref> According to Reuters News Service,<ref>{{cite news| url=https://www.reuters.com/article/us-sp-president-idUSTRE77M09520110823 | work=Reuters | title=S&P replaces president with Citibank exec after U.S. downgrade | date=August 23, 2011}}</ref> S&P announced on August 23, 2011 that Deven Sharma would step down as a Chief of Standard & Poor's effective September 12, 2011, and would leave the company by the end of the year.

==References==
{{reflist}}

==External links==
*[https://web.archive.org/web/20110802053607/http://www.standardandpoors.com/about-sp/management-profiles/en/us Standard & Poor's, Management Bios]
*[https://www.sec.gov/spotlight/cra-oversight-roundtable/bios/sharma.htm Profile] at SEC Roundtable
*{{C-SPAN|devensharma}}
*[http://investing.businessweek.com/research/stocks/people/person.asp?personId=1519293 Business profile] at ''[[Bloomberg Businessweek]]''
*[https://money.cnn.com/galleries/2009/fortune/0909/gallery.witnesses_meltdown.fortune/18.html When Wall Street Nearly Collapsed], Deven Sharma, ''CNN Money'', 2009
*[http://economictimes.indiatimes.com/News/News_By_Industry/Services/Deven_Sharma_to_head_SP_Corbet_quits/articleshow/2328265.cms Deven Sharma to head S&P, Corbet quits]
* [https://www.wsj.com/articles/SB10001424052748703959804575006694196038802 “Why Ratings Requirements Don’t Make Sense” WSJ 2010, Op-Ed by Deven Sharma]
* [https://dealbook.nytimes.com/2010/06/04/q-a-with-s-p-s-president-on-the-state-of-ratings/ “Q.&A. With S&P’s President on the State of Ratings” NYT 2010]

{{DEFAULTSORT:Sharma, Deven}}
[[Category:De Nobili Schools alumni]]
[[Category:University of Wisconsin–Milwaukee alumni]]
[[Category:Ohio State University Fisher College of Business alumni]]
[[Category:Living people]]
[[Category:American financiers]]
[[Category:American businesspeople of Indian descent]]
[[Category:American Hindus]]
[[Category:Birla Institute of Technology, Mesra alumni]]
[[Category:1956 births]]
[[Category:People from Bihar]]
[[Category:People from Dhanbad]]
[[Category:American chief executives]]

Deven Sharma - Revision history

>GreenC bot at 08:03, 5 July 2021