Baer Pettit, President, to Reassume
Additional Title of Chief Operating Officer
MSCI Inc. (NYSE:MSCI), a leading provider of critical decision
support tools and services for the global investment community,
announced today that Alvise Munari, MSCI’s Head of Client Coverage
- Europe, Middle East and Africa (EMEA), has been promoted to the
role of Global Head of Client Coverage, effective January 2, 2020,
reporting directly to C.D. Baer Pettit, President. In this role, he
will assume the responsibility of overseeing MSCI’s sales, client
relationship management and client service teams globally as
Laurent Seyer, Chief Operating Officer and Chief Client Officer,
retires to pursue outside interests. Mr. Seyer will remain with the
Company as a Managing Director for a transition period until
February 17, 2020. Effective January 2, 2020, Mr. Pettit will
reassume the title of Chief Operating Officer.
“With his deep knowledge of our client base and his strategic
vision for delivering superior client service, Alvise will enhance
our global client relationships and form new ones as we look to
expand to new client segments and geographies,” said Henry A.
Fernandez, MSCI’s Chairman and Chief Executive Officer. “The title
of Chief Operating Officer will revert back to Baer and his
responsibilities will remain unchanged. I look forward to our
continued partnership to drive our growth strategy.”
“I would like to thank Laurent for his leadership and dedication
to MSCI and our clients over the years. Laurent led the
transformation of our global client coverage organization through a
relentless focus on scale, quality, productivity, efficiency and
innovation. What’s more, he has been a consummate team player and
inspirational leader who has earned the respect of his colleagues.
On behalf of MSCI, I wish Laurent the best in his future
endeavors,” added Mr. Fernandez.
“It has been a privilege working with my fellow Executive
Committee members and global client coverage team to help build
strong client relationships around the world. I remain excited
about the opportunities that lie ahead for MSCI and have great
confidence in Alvise’s ability to position the client coverage team
for such opportunities,” said Mr. Seyer.
“Laurent has been an invigorating and stabilizing force at MSCI,
having taken our client coverage organization to new heights, and I
wish him every success for the future,” said Mr. Pettit. “Laurent
is leaving our global client coverage team in great hands with
Alvise, who has already transformed our EMEA sales and client
service programs, while also serving as a strong advocate for our
business on our Executive Committee. I know that Alvise will
continue to build our global client coverage organization to keep
MSCI focused on powering better investment decisions made by our
clients.”
Mr. Pettit has served as MSCI’s President since October 2017. As
President and Chief Operating Officer, he will continue to report
to Mr. Fernandez, oversee MSCI’s business functions, including
client coverage, marketing, product management, research and
product development, technology and operations and serve as a
member of MSCI’s Executive Committee. He previously served as Chief
Operating Officer from 2015 to 2017, Head of the Product Group from
February 2015 to September 2015, Head of Index Products from 2011
to 2015, Head of Marketing from 2005 to 2012 and Head of Client
Coverage from 2001 to 2012. Prior to joining MSCI, Mr. Pettit
worked for Bloomberg L.P. from 1992 to 1999. Mr. Pettit holds a
Master of Arts degree in history from Cambridge University and a
Master of Science degree from the School of Foreign Service at
Georgetown University.
Mr. Munari has served as the Head of Client Coverage - Europe,
Middle East and Africa (EMEA) since 2015. As Global Head of Client
Coverage, he will report to Mr. Pettit and continue to serve as a
member of MSCI’s Executive Committee. Prior to joining MSCI, he
served as the Global Head of Equity Derivatives Sales and Financial
Engineering at Morgan Stanley from 2010 to 2014, and held various
senior positions at Merrill Lynch from 2005 to 2010 and Goldman
Sachs from 1999 to 2005. Mr. Munari holds an MSc and DPhil in
mathematics from Oxford University and an undergraduate degree in
economics and mathematics from the London School of Economics.
About MSCI Inc.
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 45
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process. To learn more, please
visit www.msci.com. MSCI#IR
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements relate to future events or
to future financial performance and involve known and unknown
risks, uncertainties and other factors that may cause actual
results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity,
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reliance on forward-looking statements because they involve known
and unknown risks, uncertainties and other factors that are, in
some cases, beyond MSCI’s control and that could materially affect
actual results, levels of activity, performance or
achievements.
Other factors that could materially affect actual results,
levels of activity, performance or achievements can be found in
MSCI’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2018 filed with the Securities and Exchange Commission
(“SEC”) on February 22, 2019 and in quarterly reports on Form 10-Q
and current reports on Form 8-K filed or furnished with the SEC. If
any of these risks or uncertainties materialize, or if MSCI’s
underlying assumptions prove to be incorrect, actual results may
vary significantly from what MSCI projected. Any forward-looking
statement in this press release reflects MSCI’s current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to MSCI’s operations,
results of operations, growth strategy and liquidity. MSCI assumes
no obligation to publicly update or revise these forward-looking
statements for any reason, whether as a result of new information,
future events, or otherwise, except as required by law.
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