Bloomberg L.P. announced that Kevin Sheekey would return to the company as chairman of a division that will offer comprehensive information about government and business.
In addition, he will oversee government relations and communications, based part-time out of the company’s London office, with a focus on expanding Bloomberg’s presence globally.
Sheekey spent a decade working in Washington, D.C., as a chief of staff in both the U.S. Senate and the U.S. House of Representatives, most notably for Sen. Daniel Patrick Moynihan whom he also served as press secretary. He has extensive relationships at the federal level and with governors and mayors across the country, and leaders around the globe.
The position will report jointly to Bloomberg chairman Peter T. Grauer and Bloomberg president Daniel L. Doctoroff.
“We are excited about Kevin Sheekey’s return to Bloomberg in these important roles. Kevin’s exceptional accomplishments in government and local, state and federal government relations, coupled with his knowledge of Bloomberg L.P., will serve the company well,” said Grauer in a statement. “Kevin will add tremendous value as we communicate with key constituencies and provide sophisticated products to advance transparency in government.”
Added Doctoroff, in the same statement: “Kevin will oversee a service that applies Bloomberg’s unmatched capabilities in data gathering and analytics to a one-stop, integrated information source of government information. Bloomberg is ideally positioned to address the fragmented market for information about people, decisions and data in Washington that affect business.”
Read more here. Talking Biz News reported in late January that the new product has been dubbed “BGov” internally and would provide news and analysis of companies and how they’re interacting with regulatory agencies. It would compete against Congressional Quarterly and The Hill.
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With an undertaking that large (along with a sizable contract value), the government should look to a partnership of private resources. IBM just acquired Initiate Systems, which specializes in government data services (www.initiate.com).