BOSTON–(Organization WIRE)–Dec 21, 2020–
Today, Arrival Intercontinental (“Advent”), a single of the most significant and most skilled world wide non-public fairness traders, announced that James “Jim” Peck, previous Chief Govt Officer of worldwide data and insights business TransUnion, will turn out to be CEO of NielsenIQ on completion of the proposed sale of the Nielsen World Connect enterprise to Advent. Nielsen Holdings plc introduced the sale of Nielsen International Connect to Arrival on November 1, and the transaction is expected to near in the next quarter of 2021, matter to customary closing situations. As beforehand introduced, Nielsen World Hook up will be renamed NielsenIQ in early 2021.
David Rawlinson, CEO of Nielsen Global Connect, will continue on to lead the firm till the transaction closes and then will come to be a member of the board of directors of the recently independent and independent NielsenIQ. Peck will also be a part of the NielsenIQ board.
“I am honored to have the chance to direct the new NielsenIQ in the up coming stage of the company’s growth tale,” claimed Peck. “The company has empowered international CPGs with trustworthy facts, remedies and analytics for many years and continues to innovate to supply sharper, smarter insights to its shoppers and associates. I’m fired up to function with David, the proficient management team and our associates at Introduction to establish on the company’s many successes and position NielsenIQ for the future.”
“I am humbled by my time at Nielsen World Hook up and the amazing associates who have taught me so a great deal. I took around as CEO to individual the corporation from Nielsen Media, jumpstart its turnaround and get the job done with the Nielsen Board to uncover the proper route to independence. We are content with the benefits of this energy, together with offering a 3rd quarter wherever we reached double-digit EBITDA advancement and the strongest margins in decades, although releasing a new model and earning an investment from a top rated-tier business like Arrival. I am thrilled to lead the organization by way of this changeover and to full the method by inserting it into the arms of a renowned, globe-course chief like Jim Peck immediately after the proposed transaction closes,” mentioned Rawlinson.
“I think that Jim’s considerable leadership experience, monitor document of achievement and motivation to advancement will propel NielsenIQ to success as an impartial enterprise. His depth of know-how in the knowledge and analytics space and established means to execute versus a lengthy-term technique will permit the company to speed up its ongoing organization transformation and generate sustained advancement,” ongoing Rawlinson.
As the CEO of TransUnion, Peck produced a blueprint for achievements, leading the company’s transformation into a market place leader in innovation, pushed by natural growth applications, tech re-platforming and additional than 15 strategic transactions. During his tenure, TransUnion outperformed the marketplace and increased in organization benefit from roughly $3 billion in 2012 to far more than $16 billion in 2019. Before this year, Introduction announced a partnership with Peck to receive enterprises with progress probable in the info, analytics and details services place.
Rawlinson joined Nielsen Worldwide Hook up following an eight-12 months tenure with W.W. Grainger, Inc., in which he served for 4 yrs as the President of its Global On-line Enterprise. While President at Grainger, his digitally-centered, global e-commerce unit grew double digits each individual year and received numerous countrywide awards for workplace culture. He continues to be on the Nielsen Holdings plc (NYSE:NLSN) board of directors. Right before his corporate job, Rawlinson served as a White House Fellow and in appointed positions for the George W. Bush and Obama Administrations. In the Bush Administration, Rawlinson was a chief of the outgoing transition. In the Obama Administration, he served as Senior Advisor for Economic Plan at the White Dwelling National Financial Council. He retains a Bachelor of Arts diploma from The Citadel, a Juris Health practitioner degree from the College of South Carolina and a Master’s in Enterprise Administration diploma from Harvard Business Faculty.
Peck retired as the CEO of TransUnion in Might 2019 and a short while ago finished his position as board member and advisor. He joined TransUnion in 2012 when it was owned by Arrival and Goldman Sachs. As CEO, he led the company’s profitable IPO in 2015. Prior to TransUnion, Peck oversaw progress at LexisNexis though serving as CEO of Chance Alternatives from 2004 to 2012. Peck also served as SVP and Chief Product Officer of LexisNexis from 2001 to 2004. Peck serves on the Board of Directors of Sunshine Existence, CCC Data Services, an Arrival portfolio organization, and Neoway. He acquired a bachelor’s degree from the College of Dayton and an M.B.A. from The Ohio Point out College.
About Advent Global
Founded in 1984, Advent Global is one of the most significant and most knowledgeable world private equity investors. The firm has invested in around 350 non-public equity transactions in 41 nations around the world, and as of September 30, 2020, experienced $66.2 billion in assets under administration. With 15 workplaces in 12 nations, Arrival has recognized a globally integrated group of more than 200 expenditure gurus throughout North America, Europe, Latin The united states and Asia. The agency focuses on investments in five core sectors, which include small business and financial companies wellness treatment industrial retail, shopper and leisure and technology. Soon after 35 decades dedicated to international investing, Arrival continues to be committed to partnering with management teams to produce sustained revenue and earnings development for its portfolio providers.
Contact: Advent Intercontinental
Kerry Golds or Anna Epstein
Key word: UNITED STATES NORTH America MASSACHUSETTS
Sector Search term: BANKING Qualified Providers FINANCE
Source: Introduction International
Copyright Small business Wire 2020.
PUB: 12/21/2020 08:00 AM/DISC: 12/21/2020 08:00 AM
Copyright Organization Wire 2020.