By Business Wire, September 20, 2013, 12:45:00 PM EDT
ENGLEWOOD, Colo.--(BUSINESS WIRE)--
IHS Inc. Executive Chairman Jerre Stead has been named by Colorado Gov.
John Hickenlooper to serve as chief recovery officer to help lead the
state's efforts in recovering from the recent floods that devastated
communities in 17 Colorado counties. In this role, Mr. Stead will work
closely with the Colorado Office of Emergency Management (OEM), the
Federal Emergency Management Agency (FEMA) and local partners to help
lead the state's response in repairing damage from the floods that have
affected thousands of people in communities along the Front Range and on
the Eastern Plains of Colorado.
Jerre Stead, Exec. Chairman, IHS (Photo: Business Wire)
"We are about to embark on a rebuilding effort of a truly epic scale,"
Gov. Hickenlooper said. "It's essential that we have the right team in
place to help coordinate efforts at the local, state and federal levels.
We want to recover and rebuild quickly, better and in the most efficient
way possible. Jerre is the perfect person to help us design and deliver
a coordinated response to this disaster."
Mr. Stead said: "We are honored to be asked to assist Colorado. One of
our highest priorities at IHS is to support our communities to ensure
they are strong and thriving, especially in times of need such as this.
IHS is donating our time to help Colorado communities recover in as
expeditious a manner as possible. We look forward to partnering with OEM
and our local and federal partners in the critical days ahead. We will
Flooding started on September 11 after large areas along the Front Range
of Colorado and in the mountains received nearly 20 inches of rain.
Damage to homes, businesses and infrastructure is severe and extensive,
and the impacted counties have been declared major disaster areas. To
date, 10 people are confirmed or presumed dead and more than 2,000 homes
have been destroyed, and thousands evacuated or displaced from their
homes. More than 200 lane miles of state highway are damaged or impacted
by the floods, and 50 bridges are destroyed or damaged.
Mr. Stead will help lead recovery efforts for Colorado including
securing and supervision of staff and working with FEMA and the Colorado
OEM for the Governor's Office. Recovery efforts will focus on:
Ensuring all recovery assessments are completed by coordinating with
Ensuring all local communities understand resource allocation by
coordinating with OEM and working with members of the General Assembly.
Ensuring initial assessment of winter conditions and recovery needs,
with an execution plan for response presented to the Governor.
Advocating for federal funding and ensure that Colorado receives all
Ensuring quality control of work and "building for the future."
Establishing mechanisms for fundraising for recovery and for use of
volunteers, including home rebuilding, and establishing a volunteer
coordination structure and fundraising ability to assist in efforts.
Coordinating with local leaders to ensure positive working relations.
Mr. Stead became Executive Chairman of IHS (NYSE:IHS) on December 1,
2000 after retiring from Ingram Micro in May of 2000, where he served as
Chairman and CEO. He assumed the additional role of CEO for IHS on
September 20, 2006, a role he maintained until June of 2013.
About IHS Inc.(www.ihs.com)
IHS Inc. (NYSE:IHS) is the leading source of information, insight and
analytics in critical areas that shape today's business landscape.
Businesses and governments in more than 165 countries around the globe
rely on the comprehensive content, expert independent analysis and
flexible delivery methods of IHS to make high-impact decisions and
develop strategies with speed and confidence. IHS has been in business
since 1959 and became a publicly traded company on the New York Stock
Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is
committed to sustainable, profitable growth and employs more than 8,000
people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners. © 2013 IHS
Inc. All rights reserved.
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