Short Hills-based Dun & Bradstreet, a business services company, announced a change in its leadership.
Thomas Manning, a director at the company since 2013 and lead director since 2016, has been appointed chairman of the board and interim CEO, effective immediately. Manning’s appointment follows Robert Carrigan’s announcement to step down as chairman of the board, CEO and director. Carrigan will be available to help with the transition.
Dun & Bradstreet’s board said it will continue to search for a permanent CEO, with assistance from an executive search firm.
“As Dun & Bradstreet continues its work to drive sustainable growth, the board believes now is the right time to transition the company’s leadership. We are pleased to have a leader of Tom’s caliber and experience to step in as interim CEO. The board will continue to support the company, and lend our expertise to the organization and Tom during this transition period as we conduct our search for a permanent successor,” said James Fernandez, new lead director of the board.
“I look forward to working with the board and the rest of the management team to ensure we capitalize on the opportunities in the marketplace and enhance value for our customers and for our shareholders. We are thankful for Bob’s contributions to Dun & Bradstreet since joining the company as CEO in 2013. The board believes that this is a time of great opportunity for Dun & Bradstreet. On behalf of the entire Dun & Bradstreet team, we wish Bob the best in his future endeavors,” Manning said.