Kathleen Ann Corbet (born 1960) is an American

businesswoman A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the ...

best known for her controversial tenure as president of credit rating agency

Standard & Poor's S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is con ...

from 2004 to 2007.

Career

Corbet graduated from

Boston College Boston College (BC) is a private Jesuit research university in Chestnut Hill, Massachusetts. Founded in 1863, the university has more than 9,300 full-time undergraduates and nearly 5,000 graduate students. Although Boston College is classifie ...

with a B.S. in Marketing and Computer Science and received her M.B.A. in Finance from New York University’s

Stern School of Business The New York University Leonard N. Stern School of Business (commonly referred to as NYU Stern, The Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. I ...

. She is a member of the

Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, mi ...

. At Boston College, she serves as aboard member on The Boston College Wall Street Council and on the Board of Trustees of Boston College.

Standard & Poor's

She served as president of

(S&P), a subsidiary of S&P Global, formerly McGraw-Hill Financial Companies Inc. and a holding company of

CRISIL CRISIL (formerly ''Credit Rating Information Services of India Limited'') is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global. CRISIL, was the f ...

Ltd. (Credit Rating Information Services of India Ltd.) from April 19, 2004 to August 30, 2007. During her tenure at S&P, McGraw-Hill's shares soared. She resigned on September 14, 2007 and was replaced by MHP executive Deven Sharma. McGraw-Hill spokesman, Steven Weiss, said "Mrs. Corbet's departure wasn't related to criticism of its subprime-bond ratings." She was seen as one of the key 25 people responsible for

financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

. In September 2013

TIME Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, to ...

named Corbet one of the "10 to remember".

History

Corbet was elected as the vice chairman to Tom Ferguson for the Waveny LifeCare Network. Corbet was elected as a Class I director of Clearwater Analytics Holdings, Inc in 2022

References

{{DEFAULTSORT:Corbet, Kathleen Living people 1960 births American women in business Carroll School of Management alumni New York University Stern School of Business alumni 21st-century American women