MSCI Management

Management criteria checks 3/4

MSCI's CEO is Henry Fernandez, appointed in Jan 1998, has a tenure of 26.33 years. total yearly compensation is $13.79M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 2.67% of the company’s shares, worth €919.27M. The average tenure of the management team and the board of directors is 5.8 years and 5.4 years respectively.

Key information

Henry Fernandez

Chief executive officer

US$13.8m

Total compensation

CEO salary percentage	7.2%
CEO tenure	26.3yrs
CEO ownership	2.7%
Management average tenure	5.8yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Henry Fernandez's remuneration changed compared to MSCI's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$14m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$960m
Jun 30 2023	n/a	n/a	US$917m
Mar 31 2023	n/a	n/a	US$881m
Dec 31 2022	US$13m	US$1m	US$871m
Sep 30 2022	n/a	n/a	US$849m
Jun 30 2022	n/a	n/a	US$803m
Mar 31 2022	n/a	n/a	US$758m
Dec 31 2021	US$10m	US$1m	US$726m
Sep 30 2021	n/a	n/a	US$688m
Jun 30 2021	n/a	n/a	US$701m
Mar 31 2021	n/a	n/a	US$651m
Dec 31 2020	US$10m	US$1m	US$602m
Sep 30 2020	n/a	n/a	US$568m
Jun 30 2020	n/a	n/a	US$523m
Mar 31 2020	n/a	n/a	US$534m
Dec 31 2019	US$9m	US$1m	US$564m
Sep 30 2019	n/a	n/a	US$593m
Jun 30 2019	n/a	n/a	US$580m
Mar 31 2019	n/a	n/a	US$571m
Dec 31 2018	US$3m	US$1m	US$508m
Sep 30 2018	n/a	n/a	US$420m
Jun 30 2018	n/a	n/a	US$382m
Mar 31 2018	n/a	n/a	US$346m
Dec 31 2017	US$2m	US$950k	US$304m

Compensation vs Market: Henry's total compensation ($USD13.79M) is above average for companies of similar size in the German market ($USD5.31M).

Compensation vs Earnings: Henry's compensation has been consistent with company performance over the past year.

CEO

Henry Fernandez (65 yo)

26.3yrs

Tenure

US$13,793,145

Compensation

Mr. Henry A. Fernandez has been an Independent Director at Royalty Pharma plc since July 31, 2020 and its Lead Independent Director since March 2021. He has been the Chairman of the Board at MSCI Inc. sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Henry Fernandez	Chairman & CEO	26.3yrs	US$13.79m	2.67% $ 919.3m
C. D. Pettit	President	6.6yrs	US$8.43m	0.37% $ 126.3m
Andrew Wiechmann	CFO & Interim Principal Accounting Officer	3.7yrs	US$3.48m	0.025% $ 8.6m
Robert Gutowski	General Counsel	4.3yrs	US$2.57m	0.021% $ 7.3m
Scott Crum	Chief Human Resources Officer	10.1yrs	US$3.21m	0.013% $ 4.3m
Jigar Thakkar	CTO & Head of Engineering	5.8yrs	US$6.29m	no data
Jeremy Ulan	Head of Investor Relations & Treasurer	1.9yrs	no data	no data
Cristina Bondolowski	Chief Marketing & Communications Officer	1.8yrs	no data	no data
Remy Briand	Head of Solutions	7.9yrs	no data	no data
Theodore Niggli	Managing Director	no data	no data	no data
Alvise Munari	Chief Client Officer	8.5yrs	no data	no data
Jana Haines	Head of Index	less than a year	no data	no data

5.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 3HM's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Henry Fernandez	Chairman & CEO	26.3yrs	US$13.79m	2.67% $ 919.3m
C. D. Pettit	President	1.3yrs	US$8.43m	0.37% $ 126.3m
Robert Ashe	Lead Independent Director	10.4yrs	US$337.61k	0.022% $ 7.5m
Wayne Edmunds	Independent Director	9.2yrs	US$286.97k	0.011% $ 3.8m
Paula Volent	Independent Director	4.3yrs	US$286.84k	0.0028% $ 955.5k
Jacques Perold	Independent Director	7.2yrs	US$301.97k	0.0059% $ 2.0m
Linda Riefler	Independent Director	17.3yrs	US$305.69k	0.024% $ 8.4m
Robin Matlock	Independent Director	1.9yrs	US$288.68k	0.00049% $ 168.4k
Marcus Smith	Independent Director	6.5yrs	US$307.35k	0.0046% $ 1.6m
Rajat Taneja	Independent Director	2.9yrs	US$283.29k	0.00091% $ 312.8k
Chirantan Desai	Independent Director	less than a year	no data	no data
Sandy Rattray	Independent Director	4.3yrs	US$302.26k	0.0016% $ 567.1k

5.4yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 3HM's board of directors are considered experienced (5.4 years average tenure).

MSCI Management

Management criteria checks 3/4

Key information

Recent management updates

Chairman & CEO recently bought €5.7m worth of stock

MSCI Inc., Annual General Meeting, Apr 23, 2024

MSCI Inc. Appoints Chirantan “CJ” Desai to its Board of Directors

Msci Appoints Jana Haines as Head of Index and as Member of Executive Committee

Linda-Eling Lee Names as Founding Director and Head of MSCI Sustainability Institute

MSCI Inc. Announces Executive Changes

Recent updates

Chairman & CEO recently bought €5.7m worth of stock

First quarter 2024 earnings released: EPS: US$3.23 (vs US$2.98 in 1Q 2023)

MSCI Inc. Declares A Cash Dividend for Second Quarter 2024, Payable on May 31, 2024

MSCI Inc. (NYSE:MSCI) completed the acquisition of Foxberry Ltd.

MSCI Inc. to Report Q1, 2024 Results on Apr 23, 2024

MSCI Inc., Annual General Meeting, Apr 23, 2024

MSCI Inc. Appoints Chirantan “CJ” Desai to its Board of Directors

Upcoming dividend of US$1.60 per share at 1.1% yield

MSCI Inc. (NYSE:MSCI) signed a purchase agreement to acquire Foxberry Ltd.

MSCI Inc. Announces the Launch of MSCI Private Company Data Connect

Fourth quarter dividend of US$1.60 announced

Full year 2023 earnings released: EPS: US$14.46 (vs US$10.78 in FY 2022)

MSCI Inc. Declares Cash Dividend for the First Quarter 2024, Payable on February 29, 2024

MSCI Inc. to Report Q4, 2023 Results on Jan 30, 2024

MSCI Inc. (NYSE:MSCI) signed a purchase agreement to acquire Fabric RQ, Inc.

Msci Appoints Jana Haines as Head of Index and as Member of Executive Committee

MSCI Inc. (NYSE:MSCI) acquired of Trove Research Ltd.

MSCI Inc. Declares Dividend for Fourth Quarter 2023, Payable on November 30, 2023

Third quarter 2023 earnings released: EPS: US$3.28 (vs US$2.69 in 3Q 2022)

Now 20% undervalued after recent price drop

MSCI Inc. (NYSE:MSCI) signed a purchase agreement to acquire Trove Research Ltd.

MSCI Inc. to Report Q3, 2023 Results on Oct 31, 2023

Linda-Eling Lee Names as Founding Director and Head of MSCI Sustainability Institute

MSCI Expands Partnership with Google Cloud to Accelerate Generative AI Solutions for the Investment Industry

MSCI Inc. Announces Executive Changes

MSCI Inc. (NYSE:MSCI) entered into a definitive agreement to acquire 66% The Burgiss Group, LLC for approximately $700 million.

Upcoming dividend of US$1.38 per share at 1.0% yield

New minor risk - Insider selling

Second quarter 2023 earnings released: EPS: US$3.10 (vs US$2.60 in 2Q 2022)

MSCI Inc. Declares Cash Dividend of $1.38 Per Share for Third Quarter 2023, Payable on August 31, 2023

MSCI Inc. to Report Q2, 2023 Results on Jul 25, 2023

Chief Human Resources Officer recently sold €895k worth of stock

Msci Inc. Announces That Ashley Lester Has Joined the Firm as Global Head of Research and as A Member of Msci’s Executive Committee

Upcoming dividend of US$1.38 per share at 1.2% yield

First quarter 2023 earnings released: EPS: US$2.98 (vs US$2.80 in 1Q 2022)

Principal Accounting Officer recently sold €470k worth of stock

Upcoming dividend of US$1.38 per share at 1.0% yield

MSCI Inc. Launches Tool for Companies to Analyze Their Sustainability Strategy Against Peers

High number of new directors

Full year 2022 earnings released: EPS: US$10.78 (vs US$8.80 in FY 2021)

MSCI Inc. Appoints C.D. Baer Pettit as Director

MSCI Inc. to Report Q4, 2022 Results on Jan 31, 2023

MSCI to Launch Tools to Help Investors Assess Biodiversity, Deforestation Risk in Portfolios

General Counsel recently sold €488k worth of stock

Independent Director recently sold €1.2m worth of stock

Chief Financial Officer recently sold €511k worth of stock

Goldman Sachs, MSCI, and Coin Metrics Introduces Datonomy

Upcoming dividend of US$1.25 per share

Third quarter 2022 earnings released: EPS: US$2.69 (vs US$2.06 in 3Q 2021)

MSCI Inc. Declares Cash Dividend for Fourth Quarter of 2022, Payable on November 30, 2022

MSCI Inc. Launches New Client-Driven Index Solutions for Asset Owners

MSCI Inc. to Report Q3, 2022 Results on Oct 25, 2022

MSCI Inc. Launches Insights Aiming to Streamline Investors' Risk Management Processes

Chief Human Resources Officer recently sold €2.5m worth of stock

MSCI Appoints Eric Yun as New Head of Korea Office

Upcoming dividend of US$1.25 per share

MSCI Inc. (NYSE:MSCI) announces an Equity Buyback for $1,539.1 million worth of its shares.

MSCI Inc. Declares Cash Dividend for Third Quarter 2022, Payable on August 31, 2022

Second quarter 2022 earnings released: EPS: US$2.60 (vs US$2.01 in 2Q 2021)

MSCI Appoints Cristina Bondolowski as Chief Marketing Officer and as A Member of MSCI's Executive Committee

MSCI Inc. to Report Q2, 2022 Results on Jul 26, 2022

MSCI Launches Next Generation of Equity Factor Models

MSCI inc. Appoints Jeremy H. Ulan Head of Investor Relations and Treasurer

MSCI Inc. Inc. Appoints Jeremy H. Ulan Head of Investor Relations and Treasurer

MSCI Inc. Appoints Robin Matlock in Board of Directors

Upcoming dividend of US$1.04 per share

Now 22% undervalued after recent price drop

First quarter 2022 earnings released: EPS: US$2.80 (vs US$2.38 in 1Q 2021)

MSCI Inc. Declares Cash Dividend for Second Quarter 2022, Payable on May 31, 2022