NEW YORK--(BUSINESS WIRE)--
MSCI Inc. (NYSE:MSCI), a leading provider of indexes and portfolio
construction and risk management tools and services for global
investors, announced today that, effective October 31, 2017, its Board
of Directors has appointed C.D. Baer Pettit to the position of
President. Mr. Pettit will oversee MSCI's business functions, including
client coverage and marketing, product management, research, technology
and operations, reporting to Henry A. Fernandez, Chairman and Chief
Executive Officer.
Concurrent with this change, the Board has also appointed Laurent Seyer
to the position of Chief Operating Officer, in addition to his current
role as Chief Client Officer. The Chief Operating Officer role will be
re-positioned to be more aligned with our client and go-to-market
strategies already led by Mr. Seyer, who will continue to manage MSCI's
sales, marketing, client relationship management and client service
teams globally. Mr. Seyer will report to Mr. Pettit.
"As we continue to capitalize on the significant growth opportunities in
our industry, we are broadening and deepening our senior management team
to help us achieve the organizational scale necessary to execute our
long-term strategy. I am very pleased to have leaders of the caliber of
Baer and Laurent take on these senior roles in our Company. I look
forward to working closely with them in the years ahead," said Mr.
Fernandez.
"Over the course of his career at MSCI, Baer has successfully led key
strategic and operational initiatives, including cultivating many of our
largest client relationships, developing some of our most valuable
products and services, and driving the integration of our products and
global operations," concluded Mr. Fernandez.
Mr. Pettit has served as the Company's Chief Operating Officer since
October 2015. He previously served as Head of the Product Group from
February 2015 to September 2015, Head of Index Products from 2011 to
2015, Head of Marketing from 2005 to 2012 and Head of Client Coverage
from 2001 to 2012. Prior to joining the Company, Mr. Pettit worked for
Bloomberg L.P. from 1992 to 1999. Mr. Pettit holds a Master of Arts
degree in history from Cambridge University and a Master of Science
degree from the School of Foreign Service at Georgetown University.
Mr. Seyer has served as Chief Client Officer since September 2016. He
previously served as the Global Head of Client Coverage from 2014 to
2016. Prior to joining MSCI, Mr. Seyer worked for AXA Investment
Managers in Paris, most recently as Global Head of the Client Group.
Prior to that, he spent 24 years at Societe Generale in
a number of leadership positions, including as CEO of Lyxor Asset
Management. Mr. Seyer graduated from Institut d'Etudes Politiques of
Paris, where he studied law and economics.
About MSCI
For more than 45 years, MSCI's research-based indexes and analytics have
helped the world's leading investors build and manage better portfolios.
Clients rely on our offerings for deeper insights into the drivers of
performance and risk in their portfolios, broad asset class coverage and
innovative research.
Our line of products and services includes indexes, analytical models,
data, real estate benchmarks and ESG research.
MSCI serves 99 of the top 100 largest money managers, according to the
most recent P&I ranking.
For more information, visit us at www.msci.com.
MSCI#IR
Forward-Looking Statements
This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements relate to future events or to future
financial performance and involve known and unknown risks, uncertainties
and other factors that may cause our actual results, levels of activity,
performance or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or
implied by these statements. In some cases, you can identify
forward-looking statements by the use of words such as "may," "could,"
"expect," "intend," "plan," "seek," "anticipate," "believe," "estimate,"
"predict," "potential" or "continue," or the negative of these terms or
other comparable terminology. You should not place undue reliance on
forward-looking statements because they involve known and unknown risks,
uncertainties and other factors that are, in some cases, beyond our
control and that could materially affect our actual results, levels of
activity, performance or achievements.
Other factors that could materially affect actual results, levels of
activity, performance or achievements can be found in MSCI's Annual
Report on Form 10-K for the fiscal year ended December 31, 2016 filed
with the Securities and Exchange Commission ("SEC") on February 24, 2017
and in quarterly reports on Form 10-Q and current reports on Form 8-K
filed or furnished with the SEC. If any of these risks or uncertainties
materialize, or if our underlying assumptions prove to be incorrect,
actual results may vary significantly from what MSCI projected. Any
forward-looking statement in this press release reflects MSCI's current
views with respect to future events and is subject to these and other
risks, uncertainties and assumptions relating to MSCI's operations,
results of operations, growth strategy and liquidity. MSCI assumes no
obligation to publicly update or revise these forward-looking statements
for any reason, whether as a result of new information, future events,
or otherwise, except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171102005667/en/
MSCI Inc.
Investors
Stephen Davidson, + 1
212-981-1090
stephen.davidson@msci.com
or
Media
Peyton
Kay, + 1 212-981-7463
peyton.kay@msci.com
Source: MSCI Inc.
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