Moody’s appoints Lead Independent Director Vince Forlenza as Chairman of the Board of Directors

– USA, NY –  Moody’s Corporation (NYSE: MCO) today announced the appointment of Vince Forlenza as Chairman of its Board of Directors, effective on April 18, 2023, to succeed Ray McDaniel who will retire from the board, having served as Chairman since January 2021 and as Moody’s Chief Executive Officer from 2005 to 2020.

“Vince’s experience leading and evolving a large global business, coupled with his extensive board service, provides him unique perspectives on areas vital to Moody’s future growth. We are extremely fortunate to benefit from his broad expertise as we continue advancing our strategy to be the leading provider of integrated perspectives on risk.” said CEO, Rob Fauber.

About Vincent Forlenza

Vincent Forlenza is the former Chairman and CEO of Becton, Dickinson, and Company, and joined Moody’s Board as a Director in 2018 and is the current Lead Independent Director.

“It is an honor to take on this role at such an exciting time at Moody’s. Since joining the board in 2018, I have watched Moody’s help customers navigate an unprecedented and changing risk landscape by making smart investments and strategically expanding its offerings. As a result, Moody’s finds itself in a position of strength. I look forward to working with my fellow directors to capitalize on this momentum and further expand the value we provide to our customers, shareholders, and employees,” said Vincent Forlenza.

Mr. Forlenza served as a director of Becton, Dickinson, and Company (BD), a global medical technology company, from 2011 to April 2021 and as the Chairman of its board from 2012 to April 2021. He was BD’s CEO from 2011 to January 2020 and President from 2009 to April 2017. Mr. Forlenza is chairman of the Board of Trustees of Lehigh University and serves as a director to both MARAbio Systems, Inc. and MNHI. He was previously the Chairman of AdvaMed, the medical device industry association, and the Valley Hospital System in New Jersey.

About Moody’s

Moody’s is a global risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions, and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With approximately 14,000 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets.

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