8-KLeadership ChangesRegulation FDExhibits & Filings

MOODYS CORP /DE/ 8-K Report, Executive Changes (Aug 12, 2026)

Filed August 12, 2026For Securities:MCO

Summary

Moody's Corporation announced a significant addition to its Board of Directors with the election of Mr. Keith Demmings, effective November 1, 2026. Mr. Demmings brings extensive executive leadership experience, notably as President and CEO of Assurant, Inc., where he demonstrated a strong track record in strategic oversight, financial performance, and global growth across various business segments and international markets. His appointment is expected to bring valuable expertise to Moody's as the company navigates its strategic objectives and enhances its governance structure. Mr. Demmings's compensation as a non-employee director will include an annual cash retainer of $120,000, paid quarterly, and an annual restricted stock unit award valued at $230,000, vesting one year after the grant date. This move suggests a continued focus on strengthening the board's capabilities with seasoned industry leaders. The company has also furnished a press release detailing this appointment as an exhibit to its 8-K filing.

Key Highlights

  • 1Moody's Corporation has appointed Mr. Keith Demmings to its Board of Directors, effective November 1, 2026.
  • 2Mr. Demmings has a strong background as President and CEO of Assurant, Inc., with extensive experience in leadership, strategy, and international operations.
  • 3His prior roles at Assurant included President of Global Lifestyle and Global Housing, showcasing broad operational oversight.
  • 4Mr. Demmings has nearly three decades of experience progressing through various leadership positions within Assurant.
  • 5The new director will receive an annual cash retainer of $120,000, paid quarterly.
  • 6He will also receive an annual restricted stock unit award valued at $230,000, vesting after one year.
  • 7The company has filed Exhibit 99.1, a press release announcing this director appointment.

Frequently Asked Questions

Keith Demmings is a seasoned executive with extensive experience in the insurance and financial services industry. He has served as President and CEO of Assurant, Inc. since January 2022 and was previously President of Assurant from 2021 to 2022. He has held various senior leadership roles at Assurant since 1997, overseeing global operations, strategy, and financial performance across multiple regions.

Mr. Demmings's election to the Moody's Corporation Board of Directors is effective as of November 1, 2026.

As a non-employee director, Mr. Demmings will receive an annual cash retainer of $120,000, payable in quarterly installments. Additionally, he will be granted an annual restricted stock unit award valued at $230,000, based on the fair market value of Moody's common stock on the grant date, which will vest one year after the grant.

According to the filing, Mr. Demmings was not selected pursuant to any arrangement or understanding with other persons. He has no family relationships with Moody's directors or executive officers, and there have been no reportable related party transactions between Mr. Demmings and the Company.