MOODYS CORP /DE/ 8-K

What Happened

• Moody's Corporation announced (Form 8-K filed Jan 12, 2026) that Lisa P. Sawicki, age 58, was elected to the Company’s Board of Directors effective March 16, 2026. She will serve on the Board’s Audit Committee and Governance & Nominating Committee.
• Ms. Sawicki was Chair of the Global Board and Client Partner at PricewaterhouseCoopers LLP (PwC) from 2021–2025 and held multiple senior leadership roles at PwC dating back to 1989. She holds a BS in Accounting from NYU and is a licensed CPA in New York and North Carolina.

Key Details

• Board size after appointment: 10 directors.
• Director pay: $120,000 annual cash retainer (paid quarterly).
• Equity award: In March 2026 she will receive a restricted stock unit (RSU) award valued at $230,000 based on fair market value at grant; the RSU vests on the first anniversary of the grant.
• No related-party transactions reported and she was not selected pursuant to any special arrangement; press release furnished as Exhibit 99.1.

Why It Matters

• This is a board-level governance change that adds an experienced financial services and assurance leader to Moody’s, and places her on the Audit Committee — relevant for oversight of financial reporting and controls.
• Compensation is standard for a non-employee director (cash retainer + RSU grant); there is no immediate material financial obligation beyond normal director pay disclosed in the filing.
• For investors, the item is primarily corporate governance news—useful when evaluating board composition and oversight but not a direct signal about Moody’s earnings, revenue, or operations.