Form 8-K · Current Report · Filed 2025-02-12
Moody's Corporation Adopts New Executive Cash Severance Policy
On February 11, 2025, Moody's Corporation's Compensation & Human Resources Committee approved a new Executive Officer Cash Severance Policy, effective immediately, requiring stockholder ratification for any new or amended cash severance benefits exceeding 2.99 times an executive officer's base salary plus target annual bonus opportunity.
- Filer
- Moody's Corporation MCO · NYSE
- Filed
- Accession
- 0001059556-25-000012
- CIK
- 0001059556
- Signal
- Low impactFinancial Services
- Source
- Official filing on sec.gov ↗
Details
The policy is intended to outline the severance benefits available to executive officers under specific conditions.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$512.59
Next session
+2.9%
Since filing
-6.7%
Latest close
$478.38
What happened, not what will happen — closing prices around the filing date.
Exhibits (1)
About Moody's Corporation
Moody's Corporation is a leading financial services company specializing in credit ratings, risk analysis, and research. Its primary function is to evaluate the creditworthiness of various entities, providing essential insights for investors and stakeholders. Moody's operates through two main business segments: Moody's Investors Service (MIS), which issues ratings for a wide array of financial instruments including government, corporate, and structured finance securities, and Moody's Analytics (MA), offering data, analytical solutions, and insights to help decision-makers manage risk and identify opportunities. Moody's plays a critical role in the global financial markets by providing transparent and standardized credit ratings, which in turn influence borrowing costs and investment strategies across multiple sectors. This company impacts industries such as banking, insurance, and asset management, and is integral to the functioning of bond markets worldwide. Founded in 1909 and headquartered in New York City, Moody's is regarded as one of the key credit rating agencies with a significant imprint on financial decision-making processes globally, ensuring the efficient flow of capital in the markets.
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