# Deven Sharma
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{{Short description|Indian businessman}}
{{Use dmy dates|date=April 2023}}
{{Use Indian English|date=April 2023}}
{{Infobox person
| name = Deven Sharma
| image =
| caption =
| birth_name =
| birth_date = {{Birth year and age|1956}}
| birth_place = [Dhanbad](/source/Dhanbad), [Bihar](/source/Bihar) Now [Jharkhand](/source/Jharkhand), [India](/source/India)
| occupation = President of [Standard & Poor's](/source/Standard_%26_Poor's)
|boards= CRISIL Ltd
| alma_mater = [De Nobili School, FRI](/source/De_Nobili_School%2C_FRI)
[Birla Institute of Technology](/source/Birla_Institute_of_Technology)
[University of Wisconsin–Milwaukee](/source/University_of_Wisconsin%E2%80%93Milwaukee)
[Ohio State University](/source/Ohio_State_University)
| spouse =
| children =
| signature =
}}
'''Deven Sharma''' (born 1956 in Jharkhand) is an Indian businessman.
== Biography ==
=== Early life and education ===
Sharma attended [De Nobili School, FRI](/source/De_Nobili_School%2C_FRI), Digwadih, [Dhanbad](/source/Dhanbad).[{{Cite web |url=http://denobili.edu.in/alumni/58-us-alumni-chapter/112-deven-sharma-a-nobilian-is-the-new-boss-of-sap |title=Deven Sharma, a Nobilian, is the new boss of S&P |access-date=2011-08-10 |archive-url=https://web.archive.org/web/20111001041147/http://denobili.edu.in/alumni/58-us-alumni-chapter/112-deven-sharma-a-nobilian-is-the-new-boss-of-sap |archive-date=2011-10-01 |url-status=dead }}] He received his Bachelor's Degree from [Birla Institute of Technology, Ranchi](/source/Birla_Institute_of_Technology), [India](/source/India), a Master's Degree from [University of Wisconsin–Milwaukee](/source/University_of_Wisconsin%E2%80%93Milwaukee) and a Doctoral degree in Business Management from [Ohio State University](/source/Ohio_State_University).[{{cite web | url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=1519293&ticker=MHP:US | archive-url=https://archive.today/20120713072435/http://investing.businessweek.com/research/stocks/people/person.asp?personId=1519293&ticker=MHP:US | url-status=dead | archive-date=13 July 2012 | title=Deven Sharma, President of Standard & Poor's | publisher=Bloomberg's Business Week | date=8 May 2011 | accessdate=6 August 2011}}]
=== Career ===
He was named president of Standard & Poor's in August 2007. In August 2011, he announced that he would step down from the position of president later in the year.[{{cite news| url=https://dealbook.nytimes.com/2011/08/22/s-p-president-to-step-down/?hp | work=The New York Times | title=Standard & Poor's President to Step Down | date=22 August 2011}}]
Sharma serves on the boards of [CRISIL](/source/CRISIL), The US-China Business Council[{{cite web|url=http://www.uschina.org/board_of_directors.html|accessdate=2009-02-23|title=Officers and Directors|publisher=The US-China Business Council|archive-url=https://web.archive.org/web/20090225121222/http://www.uschina.org/board_of_directors.html|archive-date=2009-02-25|url-status=dead}}] and Asia Society Business Council. He served as a Director of 1-800-Flowers.com Inc. from 12 May 2005 to 16 March 2007.{{Citation needed|date= July 2022}}
Deven Sharma became the public face of the firm in the wake of its downgrade of the United States' long-term debt rating on 5 August 2011.[{{Cite web|url=http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316529563|title = Home | S&P Global Ratings}} {{fv|date=April 2023}}] According to Reuters News Service,[{{cite news| url=https://www.reuters.com/article/us-sp-president-idUSTRE77M09520110823 | work=Reuters | title=S&P replaces president with Citibank exec after U.S. downgrade | date=23 August 2011}}] S&P announced on 23 August 2011 that Deven Sharma would step down as a Chief of Standard & Poor's effective 12 September 2011, and would leave the company by the end of the year.{{Citation needed|date= July 2022}}
== References ==
{{reflist}}
== External links ==
* [https://web.archive.org/web/20110802053607/http://www.standardandpoors.com/about-sp/management-profiles/en/us Standard & Poor's, Management Bios]
* [https://www.sec.gov/spotlight/cra-oversight-roundtable/bios/sharma.htm Profile] at SEC Roundtable
* {{C-SPAN|1030615}}
* [http://investing.businessweek.com/research/stocks/people/person.asp?personId=1519293 Business profile]{{dead link|date=January 2025|bot=medic}}{{cbignore|bot=medic}} at ''[Bloomberg Businessweek](/source/Bloomberg_Businessweek)''
* [https://web.archive.org/web/20090912170855/http://money.cnn.com/galleries/2009/fortune/0909/gallery.witnesses_meltdown.fortune/18.html When Wall Street Nearly Collapsed], Deven Sharma, ''CNN Money'', 2009
* [http://economictimes.indiatimes.com/News/News_By_Industry/Services/Deven_Sharma_to_head_SP_Corbet_quits/articleshow/2328265.cms Deven Sharma to head S&P, Corbet quits]
* [https://www.wsj.com/articles/SB10001424052748703959804575006694196038802 "Why Ratings Requirements Don’t Make Sense" WSJ 2010, Op-Ed by Deven Sharma]
* [https://dealbook.nytimes.com/2010/06/04/q-a-with-s-p-s-president-on-the-state-of-ratings/ "Q.&A. With S&P’s President on the State of Ratings" NYT 2010]
{{DEFAULTSORT:Sharma, Deven}}
Category:De Nobili Schools alumni
Category:University of Wisconsin–Milwaukee alumni
Category:Ohio State University Fisher College of Business alumni
Category:Living people
Category:American financiers
Category:American people of Indian descent
Category:American Hindus
Category:Birla Institute of Technology, Mesra, alumni
Category:1956 births
Category:Businesspeople from Bihar
Category:People from Dhanbad
Category:American chief executives
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Adapted from the Wikipedia article [Deven Sharma](https://en.wikipedia.org/wiki/Deven_Sharma) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Deven_Sharma?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.