McGraw-Hill Companies was established during the American Industrial Revolution during the mid-19th century and has been a constant source of essential information in the rapidly changing market for over a century. It is founded by a teacher and an editor, James McGraw and John Hill, and has taken the personality of possessing the true dedication of a teacher and the swift thinking abilities of an editor. With these two crucial qualities hand in hand, the company has managed to survive the unsteady environment of the Internet Revolution and flourish in today\'s competitive market.
McGraw-Hill Companies is very unique as it still is one of the few major companies in the world that is still a family-run enterprise. It is currently led by founder James McGraw\'s great grandson, Harold McGraw III, Chairman, President, and CEO. Harold McGraw III has certainly taken on the business genes of his ancestors as The New York Times quotes in a recent article, \"In the 12 years since [Harold] McGraw took over as president and chief executive officer of the McGraw-Hill Companies, the parent of Standard & Poor\'s, BusinessWeek magazine, trade publications and a leading educational publishing business, the company\'s stock has risen from $8.20 a share on August 2,1993, to $44 a share ... a 437 percent increase.\" Currently, McGraw-Hill operates in 300 offices in 40 countries and regions, relying on local talent to capture the cultural flair in managing the local market. It \"now expects \'double-digit growth\" in earnings per share from continuing operations.\"(MarketWatch)
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