secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001193125-23-202998
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's CFO Mark Kaye departs; Caroline Sullivan named interim CFO; FY2023 outlook reaffirmed
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- Mark Kaye resigns as EVP & CFO effective Sept 5, 2023, to become CFO at another company; departure unrelated to financials or operations.
- Caroline Sullivan, Chief Accounting Officer & Controller, assumes interim CFO role in addition to current responsibilities.
- Sullivan awarded $100K cash bonus (payable after interim role) and $200K equity (60% PSUs, 20% options, 20% RSUs).
- Moody's retained a national search firm to identify a permanent CFO, evaluating internal and external candidates.
- Full-year 2023 outlook reaffirmed, as originally provided on July 25, 2023 with Q2 earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000119312523202998/0001193125-23-202998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000119312523202998/d541455d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-202998

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