|By PR Newswire||
|January 8, 2014 11:30 AM EST||
BETHESDA, Md., Jan. 8, 2014 /PRNewswire/ -- James P. McGinty will step down as Vice Chairman of Cambridge Information Group (CIG) on June 30, 2014. Mr. McGinty has been with CIG for more than 20 years, playing a central role in the company's development and investment strategy.
"Jim has been pivotal to our growth and success and he has left his indelible stamp on the company," said CIG Chairman Bob Snyder. "We will miss him greatly, but we're comforted knowing that he will remain active in our industry, shaping its future with bold and innovative ideas."
"In addition to having served as a tremendous leader for CIG, Jim has been a trusted advisor and mentor to me and so many others across our organization," said Andy Snyder, CIG CEO. "We are grateful for the impact he had on our businesses and our people and will miss his counsel."
Mr. McGinty was named Vice Chairman and appointed to CIG's Board of Directors in 2005, after serving for five years as the company's president. Among his contributions to CIG are his participation in the acquisition, integration, and the general management of acclaimed information brands and businesses Bowker, RefWorks and ProQuest, where he played an especially active role, serving for six years on its Board of Directors. Prior to CIG, Jim was president of Cambridge Scientific Abstracts (CSA), where he led the company to a threefold increase in revenue and grew its customer base to more than 1,800 institutions worldwide. Prior to joining CSA, Jim spent 20 years with the Dun & Bradstreet Corporation.
Mr. McGinty's leadership in the information industry has been recognized by some of its most elite trade groups. Among his honors are the Miles Conrad Memorial Award presented by the National Federation of Advanced Information Services (NFAIS) and the Peter E. Jackson Innovation Award presented by the Software & Information Industry Association (SIIA).
Mr. McGinty will continue his active role in the information industry, helping it adapt and respond to new opportunities.
About Cambridge Information Group (CIG)
Cambridge Information Group is a family owned management and investment firm, primarily focused on information services, education and technology. CIG has been investing in and building companies for long-term success for over 40 years. The executive team completed over 30 acquisitions in the last ten years including the acquisition of ProQuest Information and Learning in February 2007. Currently, the CIG family of companies employs more than 2,100 people in 26 countries. The company's website is www.cig.com.
SOURCE Cambridge Information Group
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