Moody's Corporation announced today that it has elected Leslie F.
Seidman to its board of directors, effective immediately. Leslie will
serve as a member of the board’s Audit, Governance & Compensation and
MIS (Moody’s Investors Service) committees.
Ms. Seidman, 51, brings nearly 30 years of leadership experience in the
development of accounting and financial reporting standards and
policies. As the immediate past Chairman of the independent Financial
Accounting Standards Board (FASB), she oversaw ongoing development of
accounting standards and directed the organization’s global policy
agenda. Prior to her term as Chairman, Ms. Seidman served as Acting
Chairman and as a board member of the FASB, beginning in 2003. Ms.
Seidman was recently named the Executive Director of the Center for
Excellence in Financial Reporting at Pace University’s Lubin School of
Business.
"Leslie’s distinguished career in financial standards has provided her
with a broad perspective on the information needs of a diverse range of
financial market participants," said Henry McKinnell, Jr., Chairman,
Moody’s Corporation. “Her extensive industry knowledge and expertise
will provide a strong addition to our board.”
Ms. Seidman previously served as Vice President of Accounting Policy at
J.P. Morgan & Co., where she was responsible for establishing and
implementing firm-wide accounting policies. She also served as an
auditor with Arthur Young & Co.
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
$2.7 billion in 2012, employs approximately 8,300 people worldwide and
maintains a presence in 31 countries. Further information is available
at www.moodys.com.
Copyright Business Wire 2013