Lloyd G. "Buzz" Waterhouse has been appointed president and CEO of McGraw-Hill Education, effective June 14. Waterhouse, a former CEO of Harcourt Education, also had a 26 year career at IBM. He will report to Terry McGraw while the process of spinning off MHE into its own company moves forward.
Said McGraw: "Buzz’s exceptional record of leadership, his qualifications in the education sector, substantial international credentials, significant experience in new technologies and strong operating skills make him an excellent choice to lead McGraw-Hill Education in the new era of global digital learning." Waterhouse, 60, began his career in 1973 at IBM. In 1999, he became president and COO, and later CEO, of Reynolds & Reynolds. He became president of Harcourt Education in 2006 but left a little over a year later when the company was sold to Houghton Mifflin.
“I look forward to working closely with my new colleagues to improve education outcomes and to build on the impressive portfolio of innovative services McGraw-Hill Education has developed,” said Waterhouse. “My lifetime commitment to learning and to technology convinces me that it’s time to accelerate the transformation to digital education so that students, teachers and administrators can reach their real potential and improve learning for all students everywhere in the world.