Standard & Poor’s President to Step Down

http://dealbook.nytimes.com/2011/08/22/s-p-president-to-step-down/?hp

The ratings agency Standard & Poor’s said late on Monday that its president, Deven Sharma, who has become the public face of the firm in the wake of its historic downgrade on the United States’ long-term debt rating, will step down and leave the company by the end of the year.