From Dun & Bradstreet CEO Anthony Jabbour on company's IPO · · CNBC Television
“Our data and insights are in more demand than ever during this pandemic. Times like this require being more right than wrong, so accuracy is worth much more. Looking back at the 2009 recession, while many organizations' revenues fell about 13 percent, ours only fell 2 percent, showing the importance of reliable data in tough times.”
On , Anthony Jabbour, Chief Executive Officer & Director at DUN & BRADSTREET HOLDNGS INC, spoke about pandemic impact during Dun & Bradstreet CEO Anthony Jabbour on company's IPO on CNBC Television.
Anthony Jabbour, CEO of Dun & Bradstreet, discussed the company's IPO in September 2020, stating that the timing was driven by the company's transformation in areas including executive leadership, technology, and data analytics. He described the company as operating in a large and growing market, with the goal of helping clients use data to grow revenues, improve margins, and stay compliant. Jabbour noted that the company's recent acquisitions were focused on different areas, including analytics, digital business views, and collections capabilities. Jabbour also commented on the impact of the COVID-19 pandemic, saying that demand for the company's data and insights had increased. He stated that during the 2009 recession, Dun & Bradstreet's revenues fell only 2 percent compared to a 13 percent decline for many organizations, and predicted that the need for data to support remote sales would continue to grow in a post-pandemic world.