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Press release from Business Wire

Moody's Corporation Elects Stephen Siow Vice President, Internal Audit

Tuesday, April 16, 2013

Moody's Corporation Elects Stephen Siow Vice President, Internal Audit

16:07 EDT Tuesday, April 16, 2013

NEW YORK (Business Wire) -- Moody's Corporation (NYSE: MCO) announced today that Stephen Siow has been promoted to Vice President, Internal Audit for the Corporation. In his new role, Stephen will oversee the independent assessment of Moody's governance, risk management and internal control processes.

"Stephen has made important contributions at Moody's, including expanding and enhancing the capabilities of our global internal audit function," said Linda S. Huber, Executive Vice President and Chief Financial Officer of Moody's Corporation. "His leadership will serve us well as we continue to enhance our governance and risk management controls and adapt to an evolving global regulatory environment."

Stephen joined Moody's in 2009 as an Assistant Vice President for Internal Audit. Prior to Moody's, he held several roles at Quest Diagnostics including Controller, Corporate Accounting and Internal Reporting and served at Deloitte & Touche as a Senior Manager in the Mergers and Acquisitions group.

He holds a Bachelor of Science in Accounting from the University of Maryland and is a Certified Public Accountant.

Stephen succeeds Blair Worrall, who has been named Senior Vice President for Ratings Delivery and Data for the Corporation. In this new role, Blair is responsible for coordinating the business processes, technologies, data and personnel that impact Moody's ratings and data delivery capabilities.

ABOUT MOODY'S CORPORATION

Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $2.7 billion in 2012, employs approximately 6,800 people worldwide and maintains a presence in 28 countries. Further information is available at www.moodys.com.

Anthony Mirenda
Global Head of Communications
212.553.1316
anthony.mirenda@moodys.com
or
Salli Schwartz
Global Head of Investor Relations
212.553.4862
sallilyn.schwartz@moodys.com

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