logo
Moody's Corporation Elects Sumit Dhawan to Board of Directors

Moody's Corporation Elects Sumit Dhawan to Board of Directors

Business Wire16-07-2025
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) has elected Sumit Dhawan to the Company's Board of Directors, effective July 16, 2025.
Mr. Dhawan will join the Board's Governance & Nominating and Compensation & Human Resources committees. With the election of Mr. Dhawan, Moody's Board will consist of ten directors.
"We are pleased to welcome Sumit to our Board and benefit from his extensive experience leading prominent cybersecurity and cloud computing companies,' said Vincent Forlenza, Chairman of Moody's Corporation. "We look forward to his invaluable insights and strategic vision as we continue to strengthen Moody's offerings to meet evolving customer needs."
Mr. Dhawan has over 25 years of experience building and leading security, cloud, and end- user computing businesses. Mr. Dhawan has been the CEO of Proofpoint, Inc., a cybersecurity and compliance company, since November 2023. Prior to that, he held several senior executive positions at VMware, Inc., a cloud software company, culminating with his role as President. Previously, he served as CEO of Instart, a technology company that delivered web application performance and security services.
Mr. Dhawan holds an MBA from the Warrington College of Business at the University of Florida, an M.S. in Computer Science from the University of Minnesota, and a B.S. in Computer Science from the Indian Institute of Technology (IIT).
ABOUT MOODY'S CORPORATION
In a world shaped by increasingly interconnected risks, Moody's (NYSE:MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 16,000 across more than 40 countries, Moody's gives customers the comprehensive perspective needed to act with confidence and thrive.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

DR Horton (DHI) Jumps 17% After Earnings Beat
DR Horton (DHI) Jumps 17% After Earnings Beat

Yahoo

time20 minutes ago

  • Yahoo

DR Horton (DHI) Jumps 17% After Earnings Beat

We recently published . D.R. Horton, Inc. (NYSE:DHI) is one of Tuesday's top performers. DR Horton grew its share prices by 16.98 percent on Tuesday to close at $153.5 apiece after beating its earnings guidance for the third quarter of fiscal year 2025. In its earnings release, D.R. Horton, Inc. (NYSE:DHI) said revenues during the period settled at $9.22 billion, lower than the $9.96 billion registered in the same period last year, but were well above analyst consensus. Meanwhile, attributable net income dropped by 24 percent to $1.02 billion from $1.35 billion year-on-year. Commenting on the company's performance, D.R. Horton, Inc. (NYSE:DHI) Executive Chairman David Auld said that new home demand continued to be impacted by ongoing affordability constraints and cautious consumer sentiment. A construction site of a multi-family residential complex, a modern urban skyline in the background. He said he expected sales incentives to remain elevated in the fourth quarter of the year. That said, D.R. Horton, Inc. (NYSE:DHI) lowered the high-end range of its full-year revenue guidance for the fourth quarter to $34.2 billion from $34.8 billion previously, with homes closed now expected to settle at only 85,000 versus the 87,000 prior. While we acknowledge the potential of DHI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

PulteGroup (PHM) Snaps 3-Day Losses on Buy Reco, Higher Price Target
PulteGroup (PHM) Snaps 3-Day Losses on Buy Reco, Higher Price Target

Yahoo

time20 minutes ago

  • Yahoo

PulteGroup (PHM) Snaps 3-Day Losses on Buy Reco, Higher Price Target

We recently published . PulteGroup, Inc. (NYSE:PHM) is one of Tuesday's top performers. PulteGroup snapped a three-day losing streak on Tuesday, jumping 11.52 percent to close at $121.17 apiece as investors took heart from an investment firm's rating and price target upgrade for its stock. In a market note, Seaport Global Securities raised its price target for PulteGroup, Inc. (NYSE:PHM) to $155, marking a 28-percent upside from its latest closing price. The brokerage also gave a 'buy' recommendation for its stock. The upgrade was based on PulteGroup, Inc.'s (NYSE:PHM) second quarter guidance, which affirmed a more favorable investment case for the company. In the second quarter of the year, PulteGroup, Inc. (NYSE:PHM) dropped its net income by 24.8 percent to $608 million from $809 million in the same period last year. Construction workers laying bricks during the residential development of multiple lots. Revenues also dipped by 4 percent to $4.4 billion from $4.59 billion year-on-year. Home sale gross margin stood at 27 percent, lower than the 29.9 percent last year, but was within the company's previously provided guidance. While we acknowledge the potential of PHM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio

IQVIA Holdings (IQV) Snaps 2-Day Losses on Higher-than-Expected Earnings
IQVIA Holdings (IQV) Snaps 2-Day Losses on Higher-than-Expected Earnings

Yahoo

time20 minutes ago

  • Yahoo

IQVIA Holdings (IQV) Snaps 2-Day Losses on Higher-than-Expected Earnings

We recently published . IQVIA Holdings Inc. (NYSE:IQV) is one of Tuesday's top performers. IQVIA Holdings snapped a two-day losing streak on Tuesday, jumping by 17.88 percent to close at $187.38 apiece as investor sentiment was bolstered by higher-than-expected earnings performance in the second quarter of 2025. In its earnings release, IQVIA Holdings Inc. (NYSE:IQV) said revenues during the period grew by 4 percent to $4.017 billion from $3.814 billion in the same period last year, pushing the six-month figure by 3.9 percent to $7.846 billion from $7.551 billion year-on-year. However, net income for the second quarter was lower by 26.7 percent to $266 million from $363 million year-on-year, while net profit for the six-month period declined by 20.89 percent to $515 million from $651 million year-on-year. For the full year, IQVIA Holdings Inc. (NYSE:IQV) lowered its revenue guidance to $16.1 billion to $16.3 billion, from $16 billion to $16.4 billion previously. A researcher in a lab with a microscope examining a sample. 'This revenue guidance assumes approximately $100 million of COVID-related revenue step-down, entirely in R&DS, approximately 100 basis points of tailwind from foreign exchange, and approximately 150 basis points of contribution from acquisitions,' the company said. While we acknowledge the potential of IQV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store