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Raymond W. McDaniel, Jr. has been shaping Moody's Corporation for over three decades. He started as a ratings analyst and climbed to the top spot, becoming CEO in 2012 and holding the title of Chairman from 2005 to 2012. His...

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Raymond W. McDaniel, Jr.

CEO of Moody's

Education

Bachelor's degree from Colgate University, MBA from University of Pennsylvania's Wharton School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

June 10, 1958 - 66 years ago

CEO of Moody's for

20 years 0 months (Apr 2005 - Present)

Previous Experience

Chief Operating Officer of Moody's

Holdings

See how much did Raymond W. McDaniel, Jr. make over time.

McDaniel's stock holdings show significant involvement in Moody's financial performance. His wealth has fluctuated substantially depending on how the company and market perform, reflecting the nature of his role at Moody's. At the height of his wealth, McDaniel saw stocks...

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Total Stock Sold

$311.96M

MCO

$311.96M

2,171,931.134 MCO shares

What if they kept their stock?

If Raymond W. McDaniel, Jr. didn't sell their stock, today they would have:
Extra MCO2,171,931.134 shares worth $491.99M.
This is 57.71% and $180.03M more than what they got when they sold the stock.

Charitable Transactions

MCO

56,407 shares

MCO

Recent Charitable Transactions

MCO

23,327 shares

MCO

Nov 5, 2021

Charity

MCO

33,080 shares

MCO

May 14, 2018

Charity

Insider Trading

See recent insider trades of Raymond W. McDaniel, Jr..

MCO

$3.58K

MCO at $295.41/share

Mar 17, 2023

Received

MCO

$2.95M

MCO at $295.00/share

Mar 3, 2023

Sale

MCO

11,124 shares

MCO

Mar 1, 2023

Sale

MCO

$3.30M

MCO at $297.09/share

Mar 2, 2023

Sale

MCO

25,531 shares

MCO

Mar 1, 2023

Received

MCO

$264.89K

MCO at $314.22/share

Feb 7, 2023

Received

MCO

$12.75M

MCO at $331.64/share

Feb 2, 2023

Sale

MCO

$5.54M

MCO at $325.68/share

Feb 1, 2023

Sale

MCO

$628.35

MCO at $300.07/share

Dec 14, 2022

Received

MCO

$2.06M

MCO at $274.88/share

Dec 13, 2022

Sale

Compensation History

See how much did Raymond W. McDaniel, Jr. make over time.

Raymond W. McDaniel, Jr.'s compensation package exhibits significant variability, influenced by Moody's performance. In 2021, his total compensation was approximately $3.12 million, mainly from a salary of $900,000 and a cash bonus of $2.21 million linked to strong financial results. This represents a shift from earlier years when his total compensation reached around $10 million, indicating that his pay depends directly on the success of Moody's. The Compensation & Human Resources Committee regularly reviews his pay to ensure fairness and alignment with shareholder interests, emphasizing a focus on performance-based incentives while avoiding excessive risk that could harm the company.

Year

2021

Total Compensation

$3.11M

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align executive compensation with the Company’s performance and stockholder interests, focusing on long-term value creation.

Bonus

$2.21M

Board Justification

The annual cash incentive for 2021 was based on the Company’s financial performance against pre-established goals, with payouts reflecting 130% of the target cash incentive due to strong performance.

Other

$0.00

Board Justification

No other compensation was reported for 2021.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2021 as the performance shares and RSUs are subject to multi-year vesting schedules.

Performance Metrics

The performance metrics for 2021 included MCO Operating Income for Compensation Purposes, with a focus on achieving financial targets.

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