Summary
Moody's Corporation (MCO) announced a significant addition to its Board of Directors, with Ms. Lisa P. Sawicki being elected as a director, effective March 16, 2026. Ms. Sawicki brings extensive experience from her tenure at PricewaterhouseCoopers LLP (PwC), where she held various leadership positions, including Chair of the Global Board and Client Partner. Her expertise in financial services and assurance is expected to be a valuable asset to Moody's. With Ms. Sawicki's appointment, the Board will expand to ten directors. She will also serve on the Audit and Governance & Nominating Committees. Her compensation package includes an annual cash retainer of $120,000 and a restricted stock unit award valued at $150,000, vesting one year after grant. This strategic board expansion aims to leverage Ms. Sawicki's deep industry knowledge to further strengthen Moody's governance and oversight.
Key Highlights
- 1Ms. Lisa P. Sawicki elected to Moody's Corporation Board of Directors, effective March 16, 2026.
- 2Ms. Sawicki brings substantial experience from PricewaterhouseCoopers LLP (PwC), including leadership roles such as Chair of the Global Board.
- 3The Board of Directors will increase to ten members upon Ms. Sawicki's joining.
- 4Ms. Sawicki appointed to the Board's Audit Committee and Governance & Nominating Committee.
- 5Annual cash retainer for Ms. Sawicki as a non-employee director will be $120,000.
- 6Ms. Sawicki will receive an annual restricted stock unit award valued at $230,000, vesting after one year.
- 7Ms. Sawicki's appointment was not part of any specific arrangement with other individuals and there are no reported related party transactions.