Form 8-K · Current Report · Filed 2024-03-11
MSCI Appoints Chirantan 'CJ' Desai to Board of Directors
On March 8, 2024, MSCI Inc. announced the appointment of Chirantan 'CJ' Desai, President and Chief Operating Officer of ServiceNow, as an independent director on its Board, effective March 11, 2024. Mr. Desai will also serve on the Strategy and Finance Committee. The appointment brings extensive expertise in technology and AI to MSCI's Board, complementing the company's technology-driven approach. Mr. Desai's compensation includes an annual retainer of $80,000 and an annual equity award of $185,000.
- Filer
- MSCI Inc. MSCI · NYSE
- Filed
- Accession
- 0001408198-24-000048
- CIK
- 0001408198
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$551.50
Next session
+2.6%
Since filing
+3.8%
Latest close
$572.24
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from MSCI reporting the same item, with the next session's move:
Exhibits (1)
About MSCI Inc.
MSCI Inc. is a global provider of investment decision support tools, offering products and services that include indices, portfolio risk, and performance analytics. The company's indices, such as the MSCI World, MSCI Emerging Markets, and MSCI EAFE, serve as key benchmarks for international equity markets and are widely utilized by institutional investors and asset managers for portfolio management and performance measurement. MSCI's offerings are critical in the construction and management of both active and passive investment portfolios, impacting sectors across the financial industry. Headquartered in New York City, MSCI supports investment decisions by integrating financial modeling tools, data metrics, and ethical analysis, including Environmental, Social, and Governance (ESG) ratings, to help investors better manage risk and improve transparency. Its extensive global reach and innovative solutions play a pivotal role in shaping the landscape of financial investment strategies worldwide.
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