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NEW YORK - Moody’s Corporation (NYSE:MCO), a $91.5 billion market cap company with strong financial health according to InvestingPro analysis, announced on Thursday that Andy Frepp has been appointed Interim President of Moody’s Analytics, effective immediately. Frepp, who currently serves as Chief Operating Officer of Moody’s Analytics, replaces Stephen Tulenko, who has resigned to pursue another opportunity.
The company has initiated a search process to identify a permanent president for the division.
Frepp has been with Moody’s Analytics since January 2024 as Chief Operating Officer, following several leadership positions of increasing responsibility within the organization. Before joining Moody’s, he served as Chief Executive Officer of Barrie & Hibbert, a provider of risk management modeling tools for insurance companies that Moody’s acquired in 2011.
"Andy’s deep knowledge of Moody’s Analytics’ customers, solutions and people, coupled with his many years of leadership experience makes him the ideal choice to guide the organization on an interim basis," said Rob Fauber, President and Chief Executive Officer of Moody’s.
Frepp expressed gratitude for the opportunity, stating, "I’m grateful for the opportunity to step into this expanded role on an interim basis. I look forward to working alongside our talented team to execute on our strategy."
Moody’s Corporation employs approximately 16,000 people across more than 40 countries, providing data, insights and technologies to help customers develop comprehensive views of risks and opportunities in global markets. The company has demonstrated strong financial performance with 11.5% revenue growth and an impressive 73% gross profit margin in the last twelve months. InvestingPro data reveals that Moody’s has maintained dividend payments for 28 consecutive years, with 15 years of consecutive increases.
The announcement was made in a company press release issued Thursday. For deeper insights into Moody’s financial health and detailed analysis, investors can access comprehensive research reports and additional ProTips through InvestingPro.
In other recent news, Moody’s Corporation reported its second-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an adjusted earnings per share of $3.56, exceeding the forecast of $3.38, while revenue came in at $1.9 billion, beating the anticipated $1.85 billion. Despite these positive financial results, Moody’s stock experienced a decline in premarket trading, which may reflect broader market concerns. BMO Capital raised its price target for Moody’s to $534 from $509, citing improved issuance activity and a favorable mix of credit ratings. Meanwhile, Raymond James reiterated its Underperform rating on Moody’s, maintaining a cautious outlook despite acknowledging a generally healthy quarter for issuance in the credit markets. These developments indicate varying perspectives among analysts regarding Moody’s future performance.
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