- Key Statistics
- DOJ Lawsuit Response
- Regulatory Updates
- Management Profiles
- Ratings Hotline
- Leadership Actions
- Events & Training
Standard & Poor's Ratings Services is led by seasoned professionals with years of experience in the financial services industry. Learn more about them here.
Douglas L. Peterson
Doug Peterson was named President of Standard & Poor’s Ratings Services, the leading global credit rating agency and division of The McGraw-Hill Companies, in 2011.
Previously, Doug was the Chief Operating Officer of Citibank, N.A., Citigroup’s principal banking entity that operates in over 100 countries. Doug was with Citigroup for 26 years.
Until the beginning of 2010, Doug was the CEO of Citigroup, Japan where he oversaw the entire franchise, managing over 15,000 employees. Doug had previously been the Chief Auditor of Citigroup from 2001 to 2004 after he had led the enterprise-wide project to integrate the Internal Audit teams after the merger of Citicorp and Travelers. In prior roles, he served as Country Manager in Costa Rica and Uruguay and as a corporate banker in Argentina and New York.
Doug received his undergraduate degree in Mathematics and History at Claremont McKenna College and his MBA from the Wharton School at the University of Pennsylvania.
Doug has previously served on the boards of the American Chambers of Commerce (in Costa Rica, Uruguay, and Japan) and the International Bankers Association of Japan. He is currently on the Boards of Advisors for the Wharton Financial Institutions Center and the Kravis Leadership Institute, and the Board of Trustees of the Paul Taylor Dance Company and Claremont McKenna College.
Yu-Tsung Chang is Executive Managing Director of Standard & Poor’s Ratings Services in the Asia-Pacific region. He is responsible for enhancing Ratings Services’ growth and market leadership in this dynamic, fast-growing area by ensuring the highest quality analytics and customer service, expanding the coverage of traditional products, and introducing new local market services.
Yu-Tsung joined Standard & Poor’s in 1993 and was the Head of Structured Finance Ratings in Tokyo. He acted as a pioneer in this market and played an important role in fostering the growth of securitization in Japan. In 2000, he became Managing Director for all of Standard & Poor’s Japan operations, and added responsibility for Korea in 2004 and Taiwan in 2006. He assumed his current position in August 2007.
Yu-Tsung holds B.B.A degrees in both business and East Asian studies from the University of Wisconsin - Madison. He is a member of the Japan Association of Corporate Directors and a Director of the Securitization Forum of Japan.
Paul A. Coughlin
Paul Coughlin is Executive Managing Director, Global Analytics and Operations at Standard & Poor’s Ratings Services. In this role, Paul is responsible for global analytical operations. He is also responsible for coordinating overall business activities in the Americas and leading the Operations and Editorial teams.
Previously, Paul was Executive Managing Director of Standard & Poor’s global Corporate & Government Ratings group. This group included global Corporate Ratings, Financial Services, Public Finance, and Sovereign Ratings.
Paul began his ratings career in 1988 with Australian Ratings, a company that Standard & Poor’s acquired in 1990. He has experience rating corporations, banks, governments, mutual funds, securitizations, and project financings.
In 1998, Paul assumed Asia-Pacific regional responsibility for Infrastructure and Public Finance Ratings, and, in subsequent years, he assumed additional responsibility for Corporate, Sovereign, and Financial Services ratings. Moving to Singapore in 2003, Paul became Manager of the broader Corporate & Government Ratings groups in emerging Asia.
Paul has also worked in economic policy and administrative roles in the Australian government, including as a staff member for then Treasurer and later Prime Minister, the Hon. John W. Howard.
Paul holds a master’s degree in Business Administration from Melbourne University and a bachelor’s degree in Economics from Australia’s Monash University.
Christian M. Dinwoodie
Chris Dinwoodie is Executive Managing Director of Market Development at Standard & Poor’s Ratings Services, leading the market development groups, which includes outreach to investors and issuers, and client business management. In this role, Chris oversees new product and ratings services development as part of the firm’s strategy to expand in markets it currently serves, and to identify new market and new product opportunities. He also oversees the strategy group, including merger and acquisition activity.
Before his current position, Chris was Lead Analytical Manager and Managing Director, Head of Corporate & Infrastructure Ratings, in EMEA. In this role, he was accountable for the analytical quality of his teams’ ratings. Before that, Chris headed the Market Development group for the Ratings Services business in EMEA, where he was responsible for Marketing and Product Development.
Before joining Standard & Poor’s in 1997, Chris worked for a major UK-based composite insurer in a variety of business and HR-related roles.Chris is an Associate of the Chartered Insurance Institute and a Standard & Poor’s Certified Credit Ratings Analyst. He holds a law degree from the University of Manchester and a master’s degree from Henley Management College.
Edward J. Haran
Ed Haran is the Senior Vice President of Finance for Standard & Poor’s Ratings Services. In this role, Ed oversees Standard & Poor’s global finance organization. He is responsible for all financial activities ranging from budgeting and financial planning to acquisition valuations. He is a member of the Standard & Poor’s Executive Committee.
Previously, Ed was Vice President, Financial Analysis and Profit Planning for Standard & Poor’s, where he managed the annual budget as well as monthly and quarterly financial reporting activities. He has also held a number of positions throughout McGraw-Hill since he began his career at the company as a Financial Audit Manager in 1995.
Before joining McGraw-Hill, Ed was a Financial Audit Manager and Management Consultant at Arthur Anderson LLP.
Ed is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.
Ed holds a bachelor’s degree in Accounting from Seton Hall University and is a Certified Public Accountant.
Donald R. Howard
Donald R. Howard was named Executive Managing Director, Chief Risk Officer for Standard & Poor’s Ratings Services in June 2012. Don oversees groups in Risk Management, Compliance, Criteria, Quality, and Model Validation. Under Don’s leadership, these teams identify and manage risks to Standard & Poor’s as well as enable the efficient and effective governance of these risks.
Don is also responsible for the development and administration of programs that ensure global compliance with laws, regulations, and internal policies that govern Standard & Poor’s business activities. He is a member of the Standard & Poor’s Executive Committee.
Previously, Don had been Managing Director at Promontory Financial Group, LLC where he worked closely with executive management to provide guidance and perspective on regulatory actions and issues, as well as governance.
Before that, Don was Group Chief Risk Officer at HSBC in London where he led the bank’s international risk management team. Earlier in his career, Don held positions at MetLife and Bank of America. He also served as bank examiner at the Federal Home Loan Bank of Boston.
Don holds a bachelor’s degree in Economics from Boston College and has a master’s degree in Economics, Money, Banking, and Finance from Northeastern University/Massachusetts Institute of Technology.
Yann Le Pallec
Yann Le Pallec is Executive Managing Director, Standard & Poor’s Ratings Services in EMEA. Based in Paris, Yann is responsible for Standard & Poor’s market leading credit ratings business in EMEA, which covers more than 1,000 companies, financial institutions, insurers, public sector entities and sovereigns in the region.
Yann leads a team of over 300 Corporate & Government Ratings Analysts and support staff operating from 10 offices: Paris, London, Frankfurt, Madrid, Milan, Moscow, Stockholm, Dubai, Johannesburg and Tel Aviv.
Before his current role, Yann was the Lead Analytical Manager of Standard & Poor’s Sovereign, International Public Finance and Insurance Ratings for EMEA. Before joining S&P in 1999, he was a Senior Manager with the Paris-based audit firm Salustro Reydel.
Yann holds a master’s degree in Business from Ecole Supérieure des Sciences Economique et Commerciales (ESSEC) in France.
Catherine J. Mathis
Catherine J. Mathis was named Senior Vice President of Marketing and Communications for Standard & Poor’s Ratings Services in September 2009. Catherine’s responsibilities include global branding, public relations and employee communications. She is a member of the Standard & Poor’s Executive Committee.
Previously, Catherine had been Senior Vice President of Corporate Communications for The New York Times Company since 2007. Before that, Catherine had been Vice President of Corporate Communications for The New York Times Company since 2000 and Director, Investor Relations since 1997.
From 1992 to 1997, Catherine was Vice President of Corporate Relations at the Overseas Shipholding Group, Inc. where she was responsible for investor relations, media relations, public relations, employee communications and event planning. Previously, she held various management positions at International Paper Company.
In 2006, Catherine was named Communicator of the Year by the New York chapter of International Association of Business Communicators (IABC). The award is the chapter's highest award, recognizing integrity and excellence in everyday communications or in response to specific crises or challenges. In 2002, the YWCA of New York City selected her as one of its Women Achievers.
Catherine graduated with honors from the University of Minnesota with a bachelor’s degree in Business Administration and a master’s degree in Marketing and Management Information Systems.
Sheila M. O’Neill
Sheila M. O’Neill was named Vice President of Human Resources for Standard & Poor’s Ratings Services in June 2012. Sheila’s responsibilities include leading Standard & Poor’s global talent management strategy, including organizational design, succession planning, performance management, employee engagement, and diversity & inclusion. Sheila serves on Standard & Poor’s Executive Committee.
Sheila has been with McGraw-Hill since 2000. From 2007 to 2012 she served as Vice President of Human Resources for McGraw-Hill’s Commodities & Commercial Markets business. In addition to leading the talent management strategy, Sheila played active roles in acquisition activities for Platts, the divestiture of BusinessWeek and The McGraw-Hill Broadcasting Group. Previously, she was Vice President of Human Resources for the Corporate groups at McGraw-Hill.
Before joining McGraw-Hill, Sheila held human resources positions at Spherion Corporation and The Home Insurance Company focusing on talent acquisition, employee relations management, reward systems, and leadership development.
Sheila received a bachelor’s degree in History from Montclair State University and holds a master’s degree in Industrial and Labor Relations from Cornell University/Baruch College.
Adam H. Schuman
Adam H. Schuman is Executive Managing Director and Chief Legal Officer at Standard & Poor’s Rating Services. Adam manages the Ratings Services Legal Department and the Global Regulatory Affairs Department. He joined Standard & Poor’s in September 2008 from The McGraw-Hill Companies and undertook a central role in managing and shaping Standard & Poor’s strategy in ratings-related litigations and government inquiries globally, as well as providing legal counsel as Standard & Poor’s has developed and implemented actions to strengthen its business and better serve the markets. He is Secretary to Standard & Poor’s Financial Services LLC.
Before joining The McGraw-Hill Companies in 2003, Adam served as an Assistant U.S. Attorney in Brooklyn, New York, specializing in the prosecution of business and securities fraud crimes. He received a commendation from the U.S. Department of Justice acknowledging his work in that area. He also has taught on the subject of federal criminal prosecution as an adjunct professor at Brooklyn Law School.
Before joining the U.S. Attorney’s Office, he practiced civil litigation at the Manhattan law firms of Paul, Weiss, Rifkind, Wharton & Garrison and Corbin Silverman & Sanseverino, where he was elected to partnership. He also has served as a law clerk to U.S. District Judge Loretta A. Preska in Manhattan.
He graduated with Honors from Swarthmore College and received his law degree, cum laude, from New York University.
Paul Sheard was named Chief Global Economist and Head of Global Economics and Research for Standard & Poor’s Ratings Services in June 2012. Paul leads a team of over 50 economists, researchers and quantitative analysts responsible for the macroeconomic forecasts used by Standard & Poor’s analysts during the ratings process, critical cross-sector research projects and ratings performance reporting. He is a member of the Standard & Poor’s Executive Committee.
Previously, Paul had been Global Chief Economist and Head of Economic Research at Nomura Securities since December 2008. There, he led a team of 35 economists in seven countries and was responsible for the firm’s global economic forecasts, outlooks and analyses.
Earlier in his career, Paul spent eight years at Lehman Brothers where he held a similar position and also served as Asia Chief Economist. Before that, Paul was Head of Japan Equity Investments at Baring Asset Management.
Paul is the author of several books and articles on corporate governance and the Japanese economy. His book, The Crisis of Main Bank Capitalism (Toyo Keisai Shinposha), earned him the Suntory-Gakugei Prize in the Economics – Politics Division. He has held faculty positions at Osaka University and the Australian National University, and visiting positions at Stanford University and the Bank of Japan.
Paul received his Bachelor’s degree from Monash University in Australia and a Masters of Economics and PhD from the Australian National University. He was a member of the World Economic Forum Global Agenda Council on the International Monetary System in 2010-12.
Joseph D. Sniado
Joe Sniado is Chief Information Officer at Standard & Poor’s Ratings Services. In this role, Joe leads IT, Data and Project Management Office services worldwide. Joe’s responsibilities include managing the IT teams that support the ratings groups and teams that provide services across the ratings business. These services include data systems, workflow, compliance, portal, content management, quality assurance, financial systems, architecture, application operations and security. Joe is also responsible for creating business solutions on an integrated platform to enable employees to perform the ratings process in a globally consistent way.Before his current role, Joe was Chief Technology Officer for Standard & Poor’s for five years. In this role, Joe built and fully deployed an integrated platform known as “SmartWork.” For this project, Joe received a 2011 Excellence in Leadership Award.
Before joining S&P in 2006, Joe was the Managing Director for Application Development and Project Management at Moody’s Investors Service. He was responsible for all internal and product systems supporting the ratings business. He also worked in the banking industry building risk management systems, asset/liability models, and trading and hedging systems.
Joe holds a master’s degree from Hofstra University and a bachelor’s degree from the State University at Buffalo.