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Jerre L. Stead is a highly accomplished American business executive with an extensive career spanning over five decades, marked by numerous leadership roles in major corporations. He is renowned for his expertise in turning around and growing businesses, particularly in the technology, information services, and entertainment sectors. Stead began his career at Honeywell in 1965 and has since served as CEO and/or Chairman for companies such as Square D, Legent Corporation, Ingram Micro, IHS Inc., Clarivate Analytics, and Churchill Downs Incorporated. His leadership is characterized by a focus on customer value, operational excellence, and strategic acquisitions. Beyond his corporate endeavors, Jerre Stead, along with his wife Mary Joy, is a significant philanthropist, notably through major contributions to the University of Iowa, including the Stead Family Children's Hospital.
Jerre Stead's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Successfully led and transformed several major publicly traded companies as CEO, including Ingram Micro (growing it into the world's largest wholesale technology distributor), IHS Inc. (leading its significant growth and IPO), Clarivate Analytics (guiding it post-acquisition and taking it public), and Churchill Downs Incorporated.
Widely recognized for his ability to enter companies and implement strategies that drive significant turnarounds, revenue growth, and increased shareholder value, often through a combination of organic growth and strategic M&A.
Along with his wife, Mary Joy Stead, has made transformative philanthropic contributions to the University of Iowa, most notably the lead gift for the University of Iowa Stead Family Children's Hospital, significantly impacting pediatric care in the region.
Played a pivotal role in shaping the modern information services industry through his leadership at IHS, culminating in its merger with Markit, and later at Clarivate, establishing it as a global leader in providing trusted insights and analytics.
Recipient of the prestigious Garrett-Buffett Award in 2015 from the VoLo Foundation, recognizing outstanding leadership in philanthropy and business.
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IHS Inc. (Information Handling Services), founded in 1959, was a prominent global provider of critical information and insight. In 2016, IHS Inc. merged with Markit Ltd. to form IHS Markit, a world leader in critical information, analytics, and solutions for major industries and markets, including finance, energy, and transportation. The company offered data, software, and expert analysis to help customers make informed decisions. In February 2022, IHS Markit was acquired by S&P Global.
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