NEW YORK--(BUSINESS WIRE)--
MSCI Inc. (NYSE: MSCI), a leading provider of investment decision
support tools worldwide, announced today that Gary Retelny, a member of
MSCI's Executive Committee, has been appointed President of
Institutional Shareholder Services Inc. (ISS), the leading provider of
corporate governance solutions to the global financial community and a
subsidiary of MSCI Inc.
In addition to his current responsibilities as Corporate Secretary of
MSCI Inc., Mr Retelny will now assume overall leadership of ISS. In this
new role one of his key objectives will be to work with the ISS product
development team to expand the company's current range of governance
solutions. He will continue to report to Henry Fernandez, Chairman and
CEO of MSCI Inc.Stephen Harvey, who currently heads up the ISS
business, will report to Mr Retelny and will continue to play a key
leadership role at ISS.
"This significant appointment recognizes the strong performance of ISS
over the last year and our confidence in the future of the governance
business," said Mr Fernandez. "Gary's entrepreneurial experience,
business management skills and track record in strategy and business
development, combined with his current responsibilities as MSCI's
Corporate Secretary make him the right choice for this new role."
Mr Retelny joined MSCI in 2003 and has held various leadership positions
within the firm including most recently Chief Administrative Officer,
responsible for Strategy, Business Development, Legal, Internal Audit
and Human Resources. His diverse leadership skills have been critical to
the establishment and development of MSCI as a stand-alone public
company, including the implementation of the company's corporate
governance practices.
Founded in 1985, ISS is the world's leading provider of proxy advisory
and corporate governance solutions to financial market participants.
ISS' services include objective proxy research and analysis, end-to-end
proxy voting and distribution solutions, turnkey securities class-action
claims management, and reliable governance data and modeling tools. More
than 1,700 clients rely on ISS' expertise to help them make informed
corporate governance decisions.
-Ends-
About MSCI
MSCI Inc. is a leading provider of investment decision support tools to
investors globally, including asset managers, banks, hedge funds and
pension funds. MSCI products and services include indices, portfolio
risk and performance analytics, and governance tools.
The company's flagship product offerings are: the MSCI indices which
include over 148,000 daily indices covering more than 70 countries;
Barra portfolio risk and performance analytics covering global equity
and fixed income markets; RiskMetrics market and credit risk analytics;
ISS governance research and outsourced proxy voting and reporting
services; FEA valuation models and risk management software for the
energy and commodities markets; and CFRA forensic accounting risk
research, legal/regulatory risk assessment, and due-diligence. MSCI is
headquartered in New York, with research and commercial offices around
the world.
For further information on MSCI, please visit www.msci.com
For further information on ISS, please visit www.issgovernance.com
Jo Morgan, MSCI, London
+ 44.20.7618.2224
or
Cheryl
Gustitus, ISS, Rockville, MD
+ 1.301.556.0395
or
Sally
Todd | Jennifer Spivey, MHP Communications, London
+ 44.20.3128.8100
or
Kenny
Juarez | Victor Morales, Abernathy MacGregor, New York
+
1.212.371.5999
or
MSCI Global Client Service:
Americas
Client Service
1.888.588.4567 (toll free)/+ 1.212.804.3901
or
EMEA
Client Service
+ 44.20.7618.2222
or
Asia Pacific Client
Service
+ 852.2844.9333
Source: MSCI Inc.
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