MSCI Inc. (NYSE:MSCI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 on November2, 2017 regarding the appointment of Marcus L. Smith to the Board of Directors (the “Board”) of the Company, effective November2, 2017. This Amendment No.1 is being filed to provide additional information with respect to Mr.Smith’s appointments to the Board’s Audit Committee and Strategy and Finance Committee.
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October31, 2017, the Board appointed Marcus L. Smith to serve as a member of the Board, effective November2, 2017. On January30, 2018, the Board appointed Mr.Smith to serve on the Audit Committee, effective January30, 2018, and on the Strategy and Finance Committee, effective April30, 2018.
In connection with Mr.Smith’s appointment to the Audit Committee, the Board determined that Mr.Smith (i)satisfied the Securities and Exchange Commission’s standard of independence for audit committee members and (ii)is “financially literate” and has accounting or financial management expertise as required by the New York Stock Exchange listing requirements.
In connection with his appointments to the Board’s Audit Committee and Strategy and Finance Committee, Mr.Smith is entitled to the compensation set forth in thenon-employeedirectors compensation program described in the Company’s annual proxy statement filed with the Securities and Exchange Commission on March24, 2017.
About MSCI Inc. (NYSE:MSCI)
MSCI Inc. (MSCI), together with its subsidiaries, offers content, applications and services to support the needs of institutional investors throughout their investment processes. The Company’s operating segment includes Index, Analytics and All Other segment. All Other segment comprises ESG and Real Estate segments. The Index operating segment is a provider of investment decision support tools, including equity indexes and equity index benchmarks. The Analytics operating segment consists of products and services used for portfolio construction, risk management and reporting. The ESG operating segment offers products institutional investors use for assessing risks and opportunities arising from environmental, social and governance issues. ESG tools are used to evaluate both individual securities and investment portfolios. The Real Estate operating segment is a provider of real estate performance analysis for funds, investors, managers, lenders and occupiers.
