Richard Malloch
About Richard Malloch
Richard Malloch is an Executive Vice President at Hearst and has extensive experience in corporate finance and mergers and acquisitions, particularly in the communications and technology sectors. He has served on various boards, including CAMP Systems International and the National Park Foundation, and has contributed to significant acquisitions during his tenure at Hearst.
Work at Hearst
Richard Malloch has held multiple significant roles at Hearst since joining the company in 1991. He served as Corporate Vice President and Deputy Group Head for Hearst Books/Business Publishing until 1999. Following this, he was appointed as Corporate Senior Vice President and President of Hearst Business Media, a position he held until 2018. In 2018, he became Executive Vice President and has continued in this role for six years. Additionally, he has been a Member of the Hearst Board of Directors since 2009, contributing to the company's strategic direction and decision-making processes.
Experience at Morgan Stanley
Richard Malloch worked at Morgan Stanley & Co. from 1987 to 1991, where he served as Principal and Head of the Corporate Finance Communications Group. His tenure at Morgan Stanley provided him with extensive experience in corporate finance and mergers and acquisitions, particularly within the communications and technology sectors. He also worked closely with family-controlled companies and offices during this period, further enhancing his expertise in corporate finance.
Board Memberships and Leadership Roles
Malloch has held various board positions throughout his career. He served as a Member of the Board of Directors at Fitch Group, Inc. from 2006 to 2018. Currently, he is a Member of the Board of Directors at CAMP Systems International, Inc., a role he has maintained since 2016. Additionally, he serves on the board of directors for the National Park Foundation, reflecting his commitment to public service and community involvement.
Education and Expertise
Richard Malloch holds a Bachelor of Arts in Economics from Gordon College and a Master of Letters (M.LITT) from the University of Aberdeen. He also completed the Hearst Senior Management Certification Program at Northwestern University's Kellogg School of Management. His educational background supports his extensive expertise in corporate finance, mergers and acquisitions, and strategic business development.
Achievements in Corporate Strategy
During his time at Hearst, Richard Malloch played a key role in the company's strategic shift towards data and software businesses. He was involved in the acquisition of significant assets, including Fitch Group, CAMP Systems International, MCG Health, Homecare Homebase, and MHK. These acquisitions were part of Hearst's diversification strategy, contributing to nearly $12 billion in acquisitions over the past decade.