8-KLeadership Changes

MOODYS CORP /DE/ 8-K Report, Executive Changes (Mar 30, 2018)

Filed March 30, 2018For Securities:MCO

Summary

Moody's Corporation announced an interim appointment for its principal financial officer role. Effective April 2, 2018, Michael S. Crimmins, currently Senior Vice President – Corporate Controller, will assume the interim responsibilities of the principal financial officer, in addition to his existing role as principal accounting officer. This change follows the departure of the previous Chief Financial Officer, and Moody's is actively searching for a permanent successor. Mr. Crimmins brings extensive financial experience to this interim position, having been with Moody's since 2006 in various controller and leadership roles, and previously held positions at Deloitte & Touche LLP and PricewaterhouseCoopers LLP. Investors should monitor the company's progress in identifying a permanent CFO, as this role is critical for financial strategy and oversight.

Key Highlights

  • 1Michael S. Crimmins appointed interim Principal Financial Officer, effective April 2, 2018.
  • 2Mr. Crimmins will retain his current role as Principal Accounting Officer.
  • 3The company is actively searching for a permanent Chief Financial Officer.
  • 4Mr. Crimmins has significant experience within Moody's financial department.
  • 5Prior experience includes roles at Deloitte & Touche LLP and PricewaterhouseCoopers LLP.
  • 6Mr. Crimmins is a New York State Certified Public Accountant.

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