Moody's Corporation filed an 8-K with the U.S. Securities and Exchange Commission on August 12, 2026, disclosing the election of Keith Demmings as a new member of its Board of Directors, effective November 1, 2026.

Key Highlights

  • New Director: Keith Demmings, age 54, elected to the Moody's Corporation Board of Directors effective November 1, 2026.
  • Current Role: Demmings has served as President and Chief Executive Officer of Assurant, Inc. since January 2022 and has been on Assurant's Board of Directors since that time.
  • Annual Cash Retainer: Demmings will receive an annual cash retainer of $120,000, payable in quarterly installments, per the company's director compensation plan for non-employee directors.
  • Restricted Stock Unit Award: In November 2026, Demmings will receive an annual RSU award equivalent in value to $230,000, based on the fair market value of Moody's common stock on the grant date, vesting on the first anniversary of the grant date.
  • Committee Assignments: According to the filing, the Board of Directors has not yet determined the committee assignments for Demmings.
  • No Related-Party Transactions: The filing states there are no related-party transactions between Moody's and Demmings reportable under Item 404(a) of Regulation S-K.

Demmings Brings Nearly Three Decades of Insurance and Global Operations Experience to Moody's Board

According to the filing, Keith Demmings has spent nearly three decades with Assurant and its predecessor organizations. He joined the predecessor to Assurant in 1997 and held roles of increasing responsibility across commercial and operating functions before rising to lead the company as President and Chief Executive Officer beginning in January 2022. Prior to that role, he served as President of Assurant from 2021 to 2022, with oversight of all operating segments including Global Lifestyle and Global Housing.

The filing describes earlier leadership roles held by Demmings at Assurant, including Executive Vice President and President, Global Lifestyle from 2016 to 2021; Executive Vice President and President, Global Markets from 2015 to 2016; and Executive Vice President and President, International from 2013 to 2015. Before those positions, he served as President, Canada from 2005 to 2013. The filing notes he has led businesses across North America, Asia, Europe, and Latin America. Demmings earned a Bachelor of Commerce degree from the University of Victoria.

Regarding his selection, the filing states that "Mr. Demmings was not selected pursuant to any arrangement or understanding between him and any other person" and that he has no family relationships with any of Moody's directors or executive officers. The 8-K was signed by Elizabeth M. McCarroll, Managing Director, Corporate Governance, Securities and Corporate Secretary, on August 12, 2026. Moody's common stock trades on the New York Stock Exchange under the symbol NYSE:MCO.

What Was Disclosed

Moody's Corporation disclosed the election of Keith Demmings to its Board of Directors, effective November 1, 2026, along with his professional background, compensation terms under the non-employee director plan, and confirmation of no related-party transactions.