NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that David Platt has been appointed to the new position of Chief Strategy Officer for the Corporation, effective November 14.
Mr. Platt will lead a newly-formed Strategy and Marketing group, with responsibility for Moody’s Global Communications and Corporate Development teams. The group will bring together the company’s communications, corporate development, strategic planning and marketing to help shape and facilitate the execution of the company’s growth initiatives and elevate messaging of Moody’s global brand, market presence and value proposition.
Mr. Platt joined Moody's in 2013 as Global Head of Corporate Development and has since led corporate strategic planning and guided many of Moody’s strategic, financial and operational initiatives. He led execution of a multi-billion dollar program to strengthen Moody’s businesses through acquisitions, joint ventures, and venture capital investments, as well as diversification into new and adjacent markets. Under his leadership, Moody’s has made over 20 acquisitions and investments supporting Moody’s Investors Service and Moody's Analytics. This includes expansion of Moody’s affiliate relationships, exploration of new and enabling technologies, and the acquisitions of Bureau van Dijk, which expanded Moody’s presence in private company information, and Reis, which enhanced the company’s capabilities in commercial real estate data and analytics.
“David has a strategic and practical mindset, strong financial acumen and leadership skills. He has been a trusted advisor to me and the entire senior leadership team since joining Moody’s,” said Raymond McDaniel, President and Chief Executive Officer of Moody’s. “He is well-positioned to provide strategic insight and leadership as we navigate a changing operating environment, and to help guide the evolution of Moody’s capabilities as we pursue our mission to be the world’s most respected authority serving risk-sensitive financial markets.”
Prior to joining Moody’s, Mr. Platt advised companies and boards across a range of industries for investment banks including Donaldson, Lufkin & Jenrette, Citigroup, Bank of America, and Deutsche Bank. He started his career as a credit analyst in the Fixed Income Division at Fidelity Investments. Mr. Platt holds an M.B.A. from the University of Chicago, a B.A. from the University of California, Berkeley in Political Economies of Industrialized Societies and earned the CFA designation.
ABOUT MOODY'S CORPORATION
Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation (NYSE:MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The corporation, which reported revenue of $4.2 billion in 2017, employs approximately 12,600 people worldwide and maintains a presence in 42 countries. Further information is available at www.moodys.com.