Leadership Shuffle At S&P Global: Picks Insider Martina Cheung As CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 28 2024
0mins
Should l Buy SPGI?
Source: Benzinga
- Leadership Changes at S&P Global: Martina L. Cheung, current President of S&P Global Ratings, will succeed Douglas L. Peterson as President and CEO effective November 1, 2024.
- Financial Performance: S&P Global reported $3.3 billion in revenue for 2023 with a 9% increase from the previous year and a 56.5% operating profit margin under Cheung's leadership.
- Succession Plan: Yann Le Pallec will take over as President of S&P Global Ratings on November 1, 2024, succeeding Martina L. Cheung.
- Outlook and Guidance: S&P Global maintains its full-year financial guidance, with raised revenue outlook for 2024 and expected adjusted EPS.
- Investor Information: Investors can access SPGI shares through ETFs like IShares U.S. Broker-Dealers & Securities Exchanges ETF IAI and Sterling Capital Focus Equity ETF LCG.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SPGI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SPGI
Wall Street analysts forecast SPGI stock price to rise
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 423.570
Low
546.00
Averages
617.77
High
675.00
Current: 423.570
Low
546.00
Averages
617.77
High
675.00
About SPGI
S&P Global Inc. provides essential intelligence. Its operations consist of five businesses: S&P Global Market Intelligence (Market Intelligence), S&P Global Ratings (Ratings), S&P Global Commodity Insights (Commodity Insights), S&P Global Mobility (Mobility) and S&P Dow Jones Indices (Indices). Market Intelligence is a global provider of multi-asset-class data and analytics integrated with purpose-built workflow solutions. Ratings is an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings and benchmarks. Commodity Insights is an independent provider of information and benchmark prices for the commodity and energy markets. Mobility is a provider of solutions serving the full automotive value chain, including vehicle manufacturers and retailers. Indices is a global index provider that maintains a variety of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
S&P Global Announces Mobility Division Spin-Off Plans
- Spin-Off Announcement: S&P Global has officially filed a Form 10 registration statement with the SEC to separate its Mobility division into an independent public company, Mobility Global, with completion expected in mid-2026, marking a significant strategic transformation for the company.
- Business Strategy Explained: Mobility Global will focus on automotive data and intelligence, with CEO Bill Eager emphasizing the company's commitment to providing trusted information through renowned brands like CARFAX and Polk, enhancing its competitive position in the market.
- Market Outlook: The establishment of Mobility Global is anticipated to create new growth opportunities, as it aims to meet the needs of major global automakers and consumers by offering comprehensive vehicle lifecycle data and analytics, thereby driving business expansion.
- Regulatory Compliance Requirements: The spin-off plan is subject to customary legal and regulatory approvals, including final approval from S&P Global's Board of Directors and the effectiveness of the Form 10 registration statement, ensuring a smooth launch and operation of Mobility Global.
See More
S&P Global Anticipates Finalizing Mobility Division Separation by Mid-2026
- Separation Announcement: S&P Global plans to complete the separation of its Mobility division by mid-2026.
- Strategic Focus: The move is part of S&P Global's strategy to streamline operations and enhance focus on core business areas.
See More
S&P Global Launches 16 New Platts Price Assessments for Cement
- Enhanced Price Transparency: On May 7, 2026, S&P Global Energy launched 16 new Platts price assessments for cement and related materials, aimed at increasing price transparency across Europe, the Middle East, Africa, Asia, and the Americas, thereby supporting informed decision-making in the cement and construction value chain.
- Driven by Market Demand: With rising infrastructure investments and decarbonization policies, the cement market is expected to sustain a market value of around $400 billion, further driving the consumption of cement and concrete across various sectors.
- Addressing Environmental Requirements: The new assessments respond to market participants' demand for consistent and transparent price signals, particularly in the context of tightening carbon emission regulations, helping clients make more informed decisions in procurement, budgeting, and contract negotiations.
- Shifting Global Trade Dynamics: Of the 16 new assessments, eight focus on Europe, the Middle East, and Africa, five on Asia, and three on the Americas, reflecting changes in global trade corridors for cement and related materials, emphasizing the importance of transparent pricing in international trade.
See More
S&P SmallCap 600 Index Adjustments Announced
- New Addition: Bright Horizons Family Solutions is set to join the S&P SmallCap 600 Index on May 14, 2026, indicating recognition in the consumer services sector, which is expected to enhance its market visibility and investment appeal.
- Company Removal: Tri Pointe Homes will be removed from the index on the same date, which may negatively impact its stock price, reflecting market concerns about its future growth prospects.
- Financial Sector Addition: Remitly Global will also be added to the index on May 14, representing the fintech sector, and is anticipated to attract more investor attention due to its innovative services and growth potential.
- Healthcare Sector Change: Apellis Pharmaceuticals will be deleted from the index, indicating a decline in market confidence in its healthcare prospects, which could affect its financing capabilities and future strategic direction.
See More
Changes to S&P SmallCap 600 Index Components Announced
- Component Replacement: Bright Horizons Family Solutions Inc. (NYSE:BFAM) will replace Tri Pointe Homes Inc. (NYSE:TPH), enhancing the diversity of the S&P SmallCap 600 Index in the consumer discretionary sector, which is expected to attract more investor interest in the index.
- Acquisition Impact: Sumitomo Forestry Group (TSE:1911) is acquiring Tri Pointe Homes, with the deal expected to close soon, which will affect Tri Pointe Homes' market performance and may influence its standing within the small-cap index.
- New Entrant: Remitly Global Inc. (NASD:RELY) will replace Apellis Pharmaceuticals Inc. (NASD:APLS), introducing a new fintech company to the S&P SmallCap 600 Index, which is anticipated to enhance the growth potential of the index.
- Market Reaction Anticipation: With these component changes, the market may react positively or negatively to the overall performance of the S&P SmallCap 600 Index, prompting investors to closely monitor the subsequent performance of the affected companies.
See More
S&P Global Energy Launches 16 New Cement Price Assessments
- Enhanced Price Transparency: On May 7, 2026, S&P Global Energy launched 16 new price assessments for cement, clinker, and related freight, aimed at increasing price transparency across key markets in Europe, the Middle East, Africa, Asia, and the Americas, thereby supporting informed decision-making in the cement and construction value chain.
- Driven by Market Demand: With an estimated market value of around $400 billion, the global cement market is experiencing sustained demand for cement and concrete, particularly in transportation, energy, and housing sectors, driven by infrastructure investments and decarbonization policies, highlighting the urgent need for transparent pricing information.
- New Assessment Coverage: Of the new assessments, eight focus on Europe, the Middle East, and Africa, five on Asia, and three on the Americas, reflecting a blend of established and emerging trade corridors, aimed at providing consistent and transparent price signals for market participants.
- Impact of Global Trends: Major cement-producing countries such as China, India, and the United States are also among the largest consumers, underscoring the importance of transparent pricing across domestic and international markets to navigate increasingly stringent environmental requirements and carbon pricing frameworks.
See More
S&P Global Announces Mobility Division Spin-Off Plans
- Spin-Off Announcement: S&P Global has officially filed a Form 10 registration statement with the SEC to separate its Mobility division into an independent public company, Mobility Global, with completion expected in mid-2026, marking a significant strategic transformation for the company.
- Business Strategy Explained: Mobility Global will focus on automotive data and intelligence, with CEO Bill Eager emphasizing the company's commitment to providing trusted information through renowned brands like CARFAX and Polk, enhancing its competitive position in the market.
- Market Outlook: The establishment of Mobility Global is anticipated to create new growth opportunities, as it aims to meet the needs of major global automakers and consumers by offering comprehensive vehicle lifecycle data and analytics, thereby driving business expansion.
- Regulatory Compliance Requirements: The spin-off plan is subject to customary legal and regulatory approvals, including final approval from S&P Global's Board of Directors and the effectiveness of the Form 10 registration statement, ensuring a smooth launch and operation of Mobility Global.
See More
S&P Global Anticipates Finalizing Mobility Division Separation by Mid-2026
- Separation Announcement: S&P Global plans to complete the separation of its Mobility division by mid-2026.
- Strategic Focus: The move is part of S&P Global's strategy to streamline operations and enhance focus on core business areas.
See More
S&P Global Launches 16 New Platts Price Assessments for Cement
- Enhanced Price Transparency: On May 7, 2026, S&P Global Energy launched 16 new Platts price assessments for cement and related materials, aimed at increasing price transparency across Europe, the Middle East, Africa, Asia, and the Americas, thereby supporting informed decision-making in the cement and construction value chain.
- Driven by Market Demand: With rising infrastructure investments and decarbonization policies, the cement market is expected to sustain a market value of around $400 billion, further driving the consumption of cement and concrete across various sectors.
- Addressing Environmental Requirements: The new assessments respond to market participants' demand for consistent and transparent price signals, particularly in the context of tightening carbon emission regulations, helping clients make more informed decisions in procurement, budgeting, and contract negotiations.
- Shifting Global Trade Dynamics: Of the 16 new assessments, eight focus on Europe, the Middle East, and Africa, five on Asia, and three on the Americas, reflecting changes in global trade corridors for cement and related materials, emphasizing the importance of transparent pricing in international trade.
See More
S&P SmallCap 600 Index Adjustments Announced
- New Addition: Bright Horizons Family Solutions is set to join the S&P SmallCap 600 Index on May 14, 2026, indicating recognition in the consumer services sector, which is expected to enhance its market visibility and investment appeal.
- Company Removal: Tri Pointe Homes will be removed from the index on the same date, which may negatively impact its stock price, reflecting market concerns about its future growth prospects.
- Financial Sector Addition: Remitly Global will also be added to the index on May 14, representing the fintech sector, and is anticipated to attract more investor attention due to its innovative services and growth potential.
- Healthcare Sector Change: Apellis Pharmaceuticals will be deleted from the index, indicating a decline in market confidence in its healthcare prospects, which could affect its financing capabilities and future strategic direction.
See More
Changes to S&P SmallCap 600 Index Components Announced
- Component Replacement: Bright Horizons Family Solutions Inc. (NYSE:BFAM) will replace Tri Pointe Homes Inc. (NYSE:TPH), enhancing the diversity of the S&P SmallCap 600 Index in the consumer discretionary sector, which is expected to attract more investor interest in the index.
- Acquisition Impact: Sumitomo Forestry Group (TSE:1911) is acquiring Tri Pointe Homes, with the deal expected to close soon, which will affect Tri Pointe Homes' market performance and may influence its standing within the small-cap index.
- New Entrant: Remitly Global Inc. (NASD:RELY) will replace Apellis Pharmaceuticals Inc. (NASD:APLS), introducing a new fintech company to the S&P SmallCap 600 Index, which is anticipated to enhance the growth potential of the index.
- Market Reaction Anticipation: With these component changes, the market may react positively or negatively to the overall performance of the S&P SmallCap 600 Index, prompting investors to closely monitor the subsequent performance of the affected companies.
See More
S&P Global Energy Launches 16 New Cement Price Assessments
- Enhanced Price Transparency: On May 7, 2026, S&P Global Energy launched 16 new price assessments for cement, clinker, and related freight, aimed at increasing price transparency across key markets in Europe, the Middle East, Africa, Asia, and the Americas, thereby supporting informed decision-making in the cement and construction value chain.
- Driven by Market Demand: With an estimated market value of around $400 billion, the global cement market is experiencing sustained demand for cement and concrete, particularly in transportation, energy, and housing sectors, driven by infrastructure investments and decarbonization policies, highlighting the urgent need for transparent pricing information.
- New Assessment Coverage: Of the new assessments, eight focus on Europe, the Middle East, and Africa, five on Asia, and three on the Americas, reflecting a blend of established and emerging trade corridors, aimed at providing consistent and transparent price signals for market participants.
- Impact of Global Trends: Major cement-producing countries such as China, India, and the United States are also among the largest consumers, underscoring the importance of transparent pricing across domestic and international markets to navigate increasingly stringent environmental requirements and carbon pricing frameworks.
See More
