MSCI Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by MSCI Inc. on September 10, 2009, reporting events occurring on September 8, 2009. The filing addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of Catherine R. Kinney as a member of the Board of Directors, effective September 8, 2009. The Board determined that Ms. Kinney is independent under the Company's Corporate Governance Policies. She has been appointed to the Nominating and Corporate Governance Committee.
Guidance, Outlook, and Compensation
Ms. Kinney's compensatory arrangements include:
- A cash retainer under the Board's cash compensation policy, which may be elected to be received as MSCI common stock under the Independent Directors' Equity Compensation Plan.
- Equity-based compensation in the form of MSCI restricted stock units pursuant to the Directors' Plan.
- Reimbursement for all reasonable out-of-pocket expenses incurred in attending board meetings.
The filing includes a press release dated September 10, 2009, as Exhibit 99.1. No specific financial guidance, risks, or contingencies are detailed in this document.
Key Facts for Investor Verification
- Confirmation of Catherine R. Kinney's independence status and background.
- Details of the Board's cash compensation policy and the Directors' Plan terms.
- Review of the accompanying press release (Exhibit 99.1) for additional context on the appointment.