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MSCI welcomes ServiceNow executive to board

EditorEmilio Ghigini
Published 11/03/2024, 11:02
Updated 11/03/2024, 11:02
© Reuters.

NEW YORK - MSCI Inc . (NYSE:MSCI), a prominent provider of investment decision support tools, has announced the appointment of Chirantan "CJ" Desai as an independent director on its Board of Directors, effective today. Desai, who currently serves as the President and Chief Operating Officer of ServiceNow, Inc. (NYSE:NYSE:NOW), will also join the Strategy and Finance Committee of the Board.

With this new appointment, MSCI's Board expands to 13 directors. Henry A. Fernandez, MSCI's Chairman and CEO, expressed confidence in Desai's extensive experience in technology and AI, which he anticipates will bring valuable insights to the company's board. Desai's background includes leadership roles at EMC (NYSE:EMC_old) and Symantec Corporation (NASDAQ:GEN), as well as being part of the team that launched Oracle Corp (NYSE:ORCL)'s first cloud service.

Desai holds a Master's degree in Computer Science and an MBA from the University of Illinois at Urbana-Champaign. His expertise in products, platform, AI, design, engineering, cloud infrastructure, and customer success is expected to contribute to MSCI's technology-driven approaches and AI-powered services.

The addition of Desai comes at a time when MSCI is focusing on developing tools and solutions for the evolving global investment landscape. Desai expressed his eagerness to join the Board during this pivotal phase and to assist in delivering success for MSCI's clients and driving value for shareholders.

MSCI, with over 50 years of experience, specializes in research, data, and technology to enhance investment decisions and portfolio management. The company aims to provide transparency and insight into the investment process through its research-enhanced solutions.

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This article is based on a press release statement from MSCI Inc. It should be noted that forward-looking statements involve risks and uncertainties, and actual results may differ materially from those projected. Further details on these risks can be found in MSCI's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and other filings with the SEC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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