8-KLeadership ChangesRegulation FDExhibits & Filings

MOODYS CORP /DE/ 8-K Report, Executive Changes (Apr 4, 2016)

Filed April 4, 2016For Securities:MCO

Summary

Moody's Corporation filed an 8-K on April 4, 2016, to disclose a significant leadership transition within its core credit ratings agency, Moody's Investors Service, Inc. (MIS). The report details the upcoming retirement of Michel Madelain, who currently serves as President and Chief Operating Officer of MIS, effective June 1, 2016. Mr. Madelain will transition to a part-time role as Vice Chairman of MIS, focusing on international policy and regulatory matters, and will continue to serve on MIS boards, including those in the European Union.

Key Highlights

  • 1Michel Madelain, President and COO of Moody's Investors Service (MIS), will retire from these roles effective June 1, 2016.
  • 2Following his retirement, Mr. Madelain will transition to a part-time Vice Chairman role at MIS.
  • 3In his new capacity, Mr. Madelain will focus on international policy and regulatory issues.
  • 4Mr. Madelain will continue to serve on the MIS Board of Directors and MIS boards in the European Union.
  • 5Robert Fauber has been appointed as the new President of MIS, effective upon Mr. Madelain's retirement.
  • 6The company furnished a press release dated April 4, 2016, as an exhibit detailing these appointments and retirements.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce a key leadership change at Moody's Investors Service, Inc. (MIS), specifically the retirement of its President and Chief Operating Officer, Michel Madelain, and the appointment of his successor, Robert Fauber.

No, Michel Madelain is not leaving Moody's entirely. He will retire from his executive roles as President and Chief Operating Officer of MIS but will continue in a part-time capacity as Vice Chairman of MIS, with a focus on international policy and regulatory matters.

Robert Fauber has been appointed as the new President of Moody's Investors Service, and his appointment is effective following Mr. Madelain's retirement on June 1, 2016.

This particular 8-K filing focuses on executive leadership changes and does not provide detailed financial statements or discussions of financial performance. The information is primarily related to corporate governance and personnel.