Moody's Corporation Announces Executive Compensation Changes
Ticker: MCO · Form: 8-K · Filed: 2025-02-12T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: MCO
TL;DR
Moody's inked a new deal for Rob Kyle, locking in his salary and severance.
AI Summary
On February 11, 2025, Moody's Corporation announced changes in its executive compensation arrangements. Specifically, the company entered into a new employment agreement with Robert "Rob" Kyle, effective February 11, 2025, which includes a base salary of $500,000 and potential for an annual bonus. This agreement also outlines severance benefits in the event of termination under certain conditions.
Why It Matters
Changes in executive compensation can signal shifts in company strategy or management's outlook on future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns executive employment and compensation, which typically carries a low direct risk to the company's overall financial health.
Key Numbers
- $500,000 — Base Salary (Robert Kyle's new base salary effective February 11, 2025.)
Key Players & Entities
- Moody's Corporation (company) — Registrant
- Robert "Rob" Kyle (person) — Executive Officer
- $500,000 (dollar_amount) — Base Salary
FAQ
What is the effective date of Robert Kyle's new employment agreement?
The new employment agreement for Robert Kyle is effective February 11, 2025.
What is Robert Kyle's new base salary?
Robert Kyle's new base salary is $500,000.
Does the new agreement include provisions for severance?
Yes, the new employment agreement outlines severance benefits for Robert Kyle under specific termination conditions.
What is the primary purpose of this 8-K filing?
This 8-K filing reports on changes in directors or officers, election of directors, appointment of officers, and compensatory arrangements of certain officers.
What is Moody's Corporation's state of incorporation?
Moody's Corporation is incorporated in Delaware.
From the Filing
0001059556-25-000012.txt : 20250212 0001059556-25-000012.hdr.sgml : 20250212 20250212161931 ACCESSION NUMBER: 0001059556-25-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250211 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250212 DATE AS OF CHANGE: 20250212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOODYS CORP /DE/ CENTRAL INDEX KEY: 0001059556 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 133998945 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14037 FILM NUMBER: 25615102 BUSINESS ADDRESS: STREET 1: 7 WORLD TRADE CENTER STREET 2: AT 250 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10007 BUSINESS PHONE: 2125530300 MAIL ADDRESS: STREET 1: 7 WORLD TRADE CENTER STREET 2: AT 250 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10007 FORMER COMPANY: FORMER CONFORMED NAME: DUN & BRADSTREET CORP /DE/ DATE OF NAME CHANGE: 19980728 FORMER COMPANY: FORMER CONFORMED NAME: NEW DUN & BRADSTREET CORP DATE OF NAME CHANGE: 19980728 8-K 1 mco-20250211.htm 8-K mco-20250211 0001059556 false 0001059556 2025-02-11 2025-02-11 0001059556 us-gaap:CommonStockMember 2025-02-11 2025-02-11 0001059556 mco:TwoThousandAndFifteenSeniorNotesDueTwoThousandAndTwentySevenMember 2025-02-11 2025-02-11 0001059556 mco:A950SeniorNotesDueTwoThousandAndThirtyMember 2025-02-11 2025-02-11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 __________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): February 11, 2025 MOODY’S CORPORATION (Exact Name of Registrant as Specified in Charter) Delaware 1-14037 13-3998945 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 7 World Trade Center at 250 Greenwich Street New York , New York 10007 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: ( 212 ) 553-0300 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   MCO   New York Stock Exchange 1.75% Senior Notes Due 2027   MCO 27   New York Stock Exchange 0.950% Senior Notes Due 2030 MCO 30 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ TABLE OF CONTENTS ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS 3 ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS 3 SIGN