MSCI said its Board of Directors on June 17, 2024 appointed C. Jack Read as Global Controller and Chief Accounting Officer and designated him as principal accounting officer, both effective August 8, 2024.

1. 01

   MSCI said its Board of Directors on June 17, 2024 appointed C. Jack Read as Global Controller and Chief Accounting Officer and designated him as principal accounting officer, both effective August 8, 2024.

2. 02

   The company said Andrew C. Wiechmann, its Chief Financial Officer, will no longer be designated principal accounting officer following Read's appointment.

3. 03

   The company said Read (age 56) served as Chief Accounting Officer and Controller at Citizens Financial Group, Inc. from 2018 to 2024. The offer letter provides for an annual base salary of $500,000, a target annual cash bonus opportunity of $500,000 for 2024, and an LTIP target grant date value of $600,000.

4. 04

   MSCI said Read may receive a one-time sign-on cash bonus of $800,000, paid in 3 installments, and a one-time sign-on restricted stock unit award with a target grant date value of $500,000 to offset incentive awards he forfeited at his previous employer. The RSUs will vest in full on the 5th anniversary of the grant date.

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