NEW YORK - Moody's Corporation (NYSE: NYSE:MCO) today announced the appointment of Noémie Heuland as the new Senior Vice President and Chief Financial Officer, effective April 1, 2024. Heuland, with nearly a quarter-century of experience in financial leadership roles, is set to leave her current position as Executive Vice President and CFO of Dayforce, a global human capital management software firm.
Having served at Dayforce since 2020, Heuland is credited with contributing to its growth and transition to a global software as a service (SaaS) business model. Before Dayforce, she spent 12 years at SAP, a leading enterprise application software provider, playing a significant role during a period of substantial growth as the company evolved into a SaaS business.
In her new role at Moody's, Heuland will oversee the global finance organization, which encompasses a range of functions including accounting, financial planning and analysis, and investor relations. Her international expertise and experience with scaling public software companies are expected to be beneficial as Moody's continues to develop its subscription-based analytics and expand its ratings business globally.
Rob Fauber, President and CEO of Moody's, expressed enthusiasm about Heuland's upcoming tenure, praising her global experience and leadership in finance, particularly in SaaS businesses. He also extended gratitude to Caroline Sullivan, who served as Interim CFO and will continue her role as Chief Accounting Officer and Corporate Controller.
Heuland, a Certified Public Accountant, began her career at PwC, advising companies in the technology, media, and entertainment sectors. She holds an M.S. in Finance and Accounting from the Nantes Business School of Management in France.
This leadership transition is part of Moody's ongoing efforts to strengthen its position in financial markets and enhance decision-making tools for risk assessment.
The information in this article is based on a press release statement from Moody's Corporation.
InvestingPro Insights
As Noémie Heuland prepares to take the helm as CFO at Moody's Corporation, the company's financial health and market performance remain a focal point for investors. Moody's, recognized for its robust analytics and global ratings services, is currently trading near its 52-week high, with a price 98.4% of that peak. This indicates a strong market confidence in the company, reflecting its consistent performance and strategic leadership decisions.
With a substantial market capitalization of $73.4 billion, Moody's stands out in the financial sector. The company's commitment to shareholder returns is evident through its impressive track record of raising dividends for 14 consecutive years, and maintaining dividend payments for 26 years, showcasing its financial stability and investor-friendly approach.
InvestingPro Tips suggest Moody's is poised for continued success. Analysts have revised their earnings upwards for the upcoming period, signaling expectations of strong future performance. Additionally, Moody's has demonstrated a solid financial foundation, with liquid assets exceeding short-term obligations.
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