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S&P Global Unveils New Leadership Team for Next Phase of Growth

AInvestThursday, Oct 17, 2024 7:51 am ET
1min read
S&P Global, a leading provider of essential intelligence for businesses, governments, and individuals, has announced its new executive leadership team. The team, which will report to incoming President and CEO Martina L. Cheung, is set to guide the company into its next chapter of growth and innovation.

Martina L. Cheung, the current President of S&P Global Ratings, will succeed Douglas L. Peterson as the company's President and CEO, effective November 1, 2024. Cheung's extensive experience in various leadership roles within S&P Global, coupled with her track record in driving growth and innovation, positions her well to lead the company into its next phase. Under her leadership, S&P Global Ratings achieved $3.3 billion in annual revenue in 2023, a 9% increase over the prior year, with a 56.5% full-year operating profit margin. Additionally, S&P Global Sustainable1, under her guidance, experienced a 24% revenue growth in 2023.

Eric Aboaf, an experienced financial services professional, has been appointed as the company's new Chief Financial Officer, effective February 2025. Aboaf's extensive financial services background and experience in CFO roles at multiple publicly traded companies will contribute significantly to S&P Global's financial strategy and growth. He joins S&P Global from State Street Corporation, where he served as Chief Financial Officer for nearly eight years.

Saugata Saha, currently President of S&P Global Commodity Insights, will assume the roles of President of S&P Global Market Intelligence and Chief Enterprise Data Officer for S&P Global. In his dual role, Saha will lead enterprise-wide efforts to expand and connect S&P Global's vast data estate, harnessing the full potential of the company's data capabilities for its customers. Saha's appointment is expected to help S&P Global better leverage its data assets to drive growth and innovation.

Steve Kemps, the current Chief Legal Officer, will take on an expanded role to also oversee the Company's Corporate Compliance and Risk functions. This move is expected to enhance S&P Global's risk management and compliance strategies, ensuring the company's long-term success and sustainability.

The new leadership team is expected to prioritize the integration of recent acquisitions, such as IHS Markit, to drive growth and synergies. Additionally, the team will focus on maintaining S&P Global's competitive edge in the face of increasing competition and technological disruption. By addressing the evolving needs of customers and investors in areas such as sustainability, energy transition, and private markets, the new leadership team is poised to guide S&P Global into a successful future.
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