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MOODY'S CORPORATION

(MCO)
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Moody : Elects Zig Serafin to Board of Directors

06/17/2021 | 07:01am EDT

Moody’s Corporation (NYSE:MCO) announced today that Zig Serafin has been elected to the Company’s Board of Directors, effective July 14, 2021.

Mr. Serafin will join the Board’s Audit, Governance & Nominating and Compensation & Human Resources committees. With the election of Mr. Serafin, Moody’s Board will consist of ten directors.

“Zig’s extensive experience in growing and managing a dynamic software company, as well as his application of innovative technologies to address customer needs, contributes to the valuable perspective he will bring to Moody’s,” said Raymond McDaniel, Chairman of Moody’s Corporation. “We look forward to working with Zig and welcome him to Moody’s board.”

“Moody’s is a world leader in using data to help organizations make the right decisions, a commitment that I share,” said Mr. Serafin. “I am proud to join distinguished colleagues on the Moody’s board, and I look forward to strengthening the experiences of the company’s stockholders, employees, and customers all over the world.”

Mr. Serafin has served as CEO of Qualtrics International, the leading experience management software provider, since 2020, earlier serving as President and Chief Operating Officer. Prior to Qualtrics, Mr. Serafin spent 17 years at Microsoft where he held a variety of senior roles, including Corporate Vice President. He led Microsoft’s enterprise collaboration services business as well as the global teams responsible for the design and development of Microsoft’s artificial intelligence platform.

Mr. Serafin holds a B.S. from Brigham Young University.

ABOUT MOODY’S CORPORATION

Moody’s (NYSE:MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Our data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With over 11,500 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.


© Business Wire 2021
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Financials (USD)
Sales 2021 5 945 M - -
Net income 2021 2 131 M - -
Net Debt 2021 4 152 M - -
P/E ratio 2021 33,2x
Yield 2021 0,66%
Capitalization 70 003 M 70 003 M -
EV / Sales 2021 12,5x
EV / Sales 2022 11,8x
Nbr of Employees 11 500
Free-Float 54,5%
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 376,00 $
Average target price 397,50 $
Spread / Average Target 5,72%
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Managers and Directors
Robert Scott Fauber President, Chief Executive Officer & Director
Mark Kaye Chief Financial Officer & Senior Vice President
Raymond W. McDaniel Non-Executive Chairman
Mona Breed Chief Information Officer & Senior Vice President
Helene Gurian Chief Compliance Officer
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