other material
confidence high
sentiment neutral
materiality 0.25
Moody's adopts executive cash severance policy requiring shareholder vote for payouts >2.99x salary+bonus
MOODYS CORP /DE/
- Policy effective Feb 11, 2025, requires stockholder ratification for any new severance exceeding 2.99x base salary plus target bonus.
- Also applies to amendments that would increase cash severance above that threshold under existing arrangements.
- Adopted by the Compensation & Human Resources Committee of the Board.