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 March13, 2018, Mr.RodolpheM. Vallee informed MSCI Inc. (“MSCI” or the “Company”) of his decision to not stand for re-election at the 2018 annual shareholders meeting (the “2018 Annual Meeting”) due to personal reasons and will retire from the Board of Directors of MSCI (the “Board”) at the 2018 Annual Meeting. There are no disagreements with MSCI’s management or the Board related to MSCI’s operations, policies or practices to be reported in connection with Mr.Vallee’s retirement.
In compliance with MSCI’s director retirement policy, Mr.Patrick Tierney informed MSCI on March13, 2018 of his decision to not stand for re-election at the 2018 Annual Meeting and will retire from the Board effective May1, 2018. There are no disagreements with MSCI’s management or the Board related to MSCI’s operations, policies or practices to be reported in connection with Mr.Tierney’s retirement.
Mr.Vallee has served as MSCI’s Lead Director since 2010, a role that will be assumed by Mr.RobertG. Ashe, effective April30, 2018. Mr.Vallee is also currently the Chair of the Audit Committee of the Board, and Mr.Tierney is a member of the Compensation and Talent Management Committee of the Board. The successors to Messrs. Vallee and Tierney in their respective committee roles have been selected from the current Board members and will be disclosed in the Company’s 2018 annual proxy statement.
Concurrent with Messrs. Vallee’s and Tierney’s retirement, the Board will be reduced from 13 directors to 11 directors.
A copy of the press release announcing Messrs. Vallee’s and Tierney’s retirements and Mr.Ashe’s appointment is attached hereto as Exhibit 99.1.
| Item 5.02 | Financial Statements and Exhibits. |
(d) Exhibits.
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ExhibitNo. |
Description |
| Exhibit99.1 | Press Release, dated March19, 2018. |
MSCI Inc. ExhibitEX-99.1 2 d553771dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PRESS RELEASE MSCI Announces Retirement of Rodolphe Vallee and Patrick Tierney from Board and Appointment of Robert Ashe as Lead Director New York – March 19,…To view the full exhibit click here
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.
