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McGraw-Hill Education names David Levin as CEO

NEW YORK (AP) -- McGraw-Hill Education said Monday that it named David Levin as its president and CEO.

Levin, 51, currently serves as CEO of the London-based media company UBM. He succeeds Lloyd Waterhouse, who joined the company as president and CEO in June 2012 and recently announced his retirement. 

Waterhouse will remain with the company until Levin begins his tenure in April. Waterhouse will remain on the company's board after he steps down as CEO.

McGraw-Hill Education was purchased from what was then The McGraw-Hill Cos., now McGraw Hill Financial, by funds affiliated with Apollo Global Management LLC in March 2013.

Before joining UBM, Levin was chief executive of U.K.-based Symbian Software. He has also served as CEO of Psion PLC, a London-based consumer and business technology company.