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 Officers
Item5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) On February1, 2017, the Board of Directors of MSCI Inc. (MSCI
or the Company) appointed Peter J. Zangari, then Head of
Analytics, to serve as, and assume the duties of, the Companys
Global Head of Research and Product Development, effective
immediately. As Global Head of Research and Product Development
of the Company, Mr.Zangari will set the research agenda and drive
integration of research into the Companys products and services
to deliver innovative solutions to investment problems. Remy
Briand, who previously held the role of Global Head of Research
since February 2015, was appointed Head of ESG and Real Estate in
June 2016 and will now focus solely on his product line
responsibilities.
In connection with Mr.Zangaris appointment, Jorge Mina, who has
been the Head of Analytics for the Americas since 2015, was
appointed Head of Analytics. As Head of Analytics, Mr.Mina will
be responsible for all of MSCIs analytics products and services.
Mr.Mina will also serve on the Companys Executive Committee.
Mr.Zangari, age 49, joined the Company in 2011 and is a member of
the Companys Executive Committee. He served as Head of Analytics
from February 2015 until February 2017. Prior to this, he served
as Head of Equity Portfolio Management Analytics from August 2011
until February 2015. Prior to joining MSCI, Mr.Zangari held
progressively senior-level positions at Goldman Sachs since 1998,
most recently as the Head of Risk and a member of the leadership
team for the Quantitative Investment Strategies (QIS) business of
Goldman Sachs Asset Management (GSAM). Prior to joining QIS,
Mr.Zangari was responsible for building out and managing GSAMs
proprietary equity risk and attribution platform. Mr.Zangari has
a Bachelor of Arts degree in economics from Fordham University
and a PhD in economics, with a specialization in applied
econometrics and computational statistics, from Rutgers
University.
There were no new compensatory arrangements or modifications to
existing compensatory arrangements nor were there any grants or
awards made to Mr.Zangari in connection with his appointment as
the Companys Global Head of Research and Product Development.
Mr.Zangari will continue to be eligible to participate in the
Companys benefit plans available to all members of the Companys
Executive Committee, including the MSCI Inc. 2016 Omnibus
Incentive Plan.
The selection of Mr.Zangari to serve as the Global Head of
Research and Product Development was not made to any arrangement
or understanding with respect to any other person. In addition,
there are no family relationships between Mr.Zangari and any
director or other executive officer of the Company and there are
no related persons transactions (within the meaning of Item404(a)
of Regulation S-K) involving Mr.Zangari and the Company and/or
its subsidiaries.
On February2, 2017, the Company issued a press release announcing
these appointments, a copy of which is being furnished as Exhibit
99.1 to this Current Report on Form 8-K.
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
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Exhibit No. |
Description |
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| Exhibit99.1 | Press Release of MSCI Inc., dated February 2, 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. MSCI Inc. (NYSE:MSCI) Recent Trading Information
MSCI Inc. (NYSE:MSCI) closed its last trading session up +1.00 at 83.75 with 1,071,664 shares trading hands.
