Market Overview

Moody's Names Mark Kaye as Chief Financial Officer


Moody's Corporation (NYSE:MCO) announced today that Mark Kaye will join
the company on August 20th as Senior Vice President and Chief
Financial Officer.

Mr. Kaye will oversee Moody's global finance activities and will also
have executive responsibility for the company's Investor Relations and
Corporate Services functions. He succeeds Jeffrey Hare as the
company's Principal Financial Officer.

Mr. Kaye joins Moody's from Massachusetts Mutual Life Insurance Company
(MassMutual), where he served as Senior Vice President and Head of
Financial Planning and Analysis, as well as Chief Financial Officer of
MassMutual U.S., the company's domestic insurance and retirement plan

"Mark has an impressive record of success as a financial steward and
senior executive at leading financial services companies. I am confident
that he will help us deliver Moody's continued strong financial
performance, drive long-term shareholder value and prove to be an
excellent addition to our senior management team," said Raymond
McDaniel, President and Chief Executive Officer of Moody's.

Mr. Kaye brings to his role more than 15 years of experience in business
finance, financial planning and analysis, strategy and large-scale
project management. Prior to joining MassMutual in 2015, he held a range
of senior finance leadership roles at Voya Financial (formerly ING U.S.)
and began his career in the investment banking division of Credit Suisse
First Boston. In addition to working in the U.S., Mr. Kaye has had
extensive prior work experience in the Asia Pacific region. He holds an
M.B.A. in Finance and a B.S.E. in Statistics and Actuarial Science, both
from the Wharton School at the University of Pennsylvania, and is a
Fellow of the Society of Actuaries.

"I have long admired Moody's as an institution and I look forward to
working with such a talented team at an organization that is so critical
to the efficient functioning of the world's financial markets," Mr. Kaye


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 12,300 people worldwide and
maintains a presence in 42 countries. Further information is available

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