- 22.02.2005, 16:21:59
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- OTE0006
Moody's Corporation Elects Nancy S. Newcomb to Board of Directors
New York (ots/PRNewswire) - Nancy S. Newcomb has been elected to
the Board of Directors of Moody's Corporation (NYSE: MCO). Ms.
Newcomb's election is effective February 21, 2005.
Ms. Newcomb, age 59, served in senior management positions at
Citigroup, which offers an array of banking, insurance, and
investment products to more than 200 million accounts in more than
100 countries around the world, from 1988 until her retirement in
2004. She was Senior Corporate Officer, Risk Management from May 1998
until 2004. Previously, she was Customer Group Executive of Citicorp
from December 1995 to April 1998, Division Executive, Latin America
from September 1993 to December 1995 and Principal Financial Officer
from January 1988 to August 1993.
"Nancy Newcomb is a highly respected financial services executive
with expertise in risk management, finance, and international
business," said John Rutherfurd, Jr., Chairman and Chief Executive
Officer, Moody's Corporation. "She will add tremendous value as a
board member." Ms. Newcomb will serve as a Member of the Audit
Committee and the Governance and Compensation Committee of the Board
of Directors.
Ms. Newcomb is a member of the Governing Council of the Van Leer
Group Foundation, the Netherlands, and Chair of the Board of the
New-York Historical Society.
Moody's Corporation (NYSE: MCO) is the parent company of Moody's
Investors Service, a leading provider of credit ratings, research and
analysis covering debt instruments and securities in the global
capital markets, and Moody's KMV, a leading provider of market-based
quantitative services for banks and investors in credit-sensitive
assets serving the world's largest financial institutions. The
corporation, which employs approximately 2,500 employees in 18
countries, had reported revenue of US$1.4 billion in 2004. Further
information is available at http://www.moodys.com.
Web site: http://www.moodys.com
Rückfragehinweis:
Frances G. Laserson, Vice President, Corporate Communications,
+1-212-553-7758, fran.laserson@moodys.com, or Michael D. Courtian,
Vice President, Investor Relations/Corporate Finance,
+1-212-553-7194, michael.courtian@moodys.com, both of Moody's
Corporation
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