StockWatch
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Finance: Consumer Services
Management ChangeAug 12, 2026, 04:25 PM

Moody's Elects Keith Demmings to Board of Directors

AI Summary

Moody's Corporation announced the election of Mr. Keith Demmings to its Board of Directors, effective November 1, 2026. Mr. Demmings, 54, currently serves as President and Chief Executive Officer of Assurant, Inc., and has extensive global operating experience. As a non-employee director, he will receive an annual cash retainer of $120,000 and an annual restricted stock unit award equivalent to $230,000.

Key Highlights

  • Keith Demmings elected to Moody's Board of Directors.
  • Appointment is effective November 1, 2026.
  • Mr. Demmings currently serves as President and CEO of Assurant, Inc.
  • He will receive an annual cash retainer of $120,000.
  • He will also receive an annual restricted stock unit award valued at $230,000.
  • Mr. Demmings has nearly three decades of experience in leadership roles across multiple regions.