leadership
confidence high
sentiment neutral
materiality 0.20
Moody's director Jorge Bermudez retires; Lisa Sawicki named Audit Committee chairman
MOODYS CORP /DE/
- Bermudez, a Moody's director since April 19, 2011, retired effective October 12, 2026; the company said the exit was not due to any disagreement.
- Board size stays at ten following Bermudez's retirement and the election of Keith Demmings, effective November 1, 2026.
- Demmings was appointed to the Governance & Nominating Committee and the Audit Committee; Lisa Sawicki becomes Audit Committee chairman effective immediately.
- Board removed the forfeiture requirement on Bermudez's restricted stock units granted in February 2026, so those RSUs become fully vested.