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
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.
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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: 433.250
Low
546.00
Averages
617.77
High
675.00
Current: 433.250
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.
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