SPGI 8-K: Smart Summary
81% reductionS&P Global Inc. disclosed that Steven Kemps, Executive Vice President and Chief Legal Officer, notified the Company on July 1, 2026 of his decision to retire effective December 31, 2026. The Company has launched a search for his successor.
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Appointments
- Co-Head of Market Intelligence, Kensho Data & Platforms Sally Moore — role as Chief Client Officer expanding to include Co-Head of Market Intelligence, Kensho Data & Platforms; will lead the Kensho Data & Platforms vertical
- Head of Kensho Data & Intelligence Bhavesh Dayalji — new role leading Kensho Data as the client-facing data product and AI delivery layer for Market Intelligence
- Head of Platforms Whit McGraw — new role leading the Platforms vertical, which brings together client interfaces including Capital IQ, Ratings Direct, Visible Alpha and With Intelligence
- Co-Head of Market Intelligence, Enterprise Solutions Darren Thomas — elevated role continuing to lead Enterprise Solutions; will also join the S&P Global Executive Leadership Team
Departures
- Executive Vice President, Chief Legal Officer Steven Kemps — retiring effective December 31, 2026 (the 'Retirement Date'); notified the Company on July 1, 2026; expected to continue in his current role until the Retirement Date; if a successor is appointed before the Retirement Date, he will transition to the role of Special Advisor to the Company's Chief Executive Officer through December 31, 2026; joined S&P Global in 2016
Item 7.01: Regulation FD Disclosure
Item 7.01
- S&P Global announced a new Market Intelligence operating model organized into two focused verticals: Kensho Data & Platforms and Enterprise Solutions.
- Kensho Data & Platforms will be led by Sally Moore, whose role as Chief Client Officer is expanding to include Co-Head of Market Intelligence, Kensho Data & Platforms; it will bring together data delivery, platform capabilities, and client engagement.
- Kensho Data will be led by Bhavesh Dayalji in a new role as Head of Kensho Data & Intelligence; Platforms (including Capital IQ, Ratings Direct, Visible Alpha, and With Intelligence) will be led by Whit McGraw in a new role as Head of Platforms.
- Enterprise Solutions will continue to be led by Darren Thomas, who takes on the elevated role of Co-Head of Market Intelligence, Enterprise Solutions, and will join the S&P Global Executive Leadership Team.
- Market Intelligence's Maritime & Trade will move to S&P Global Energy, and Market Intelligence's Credit Analytics risk capabilities will move to S&P Global Ratings to better align complementary capabilities and extend coverage into small and midsized companies.
- The company recast previously reported quarterly segment financial information for 2025 and the first quarter of 2026 to reflect the revised reportable divisions; the recast information is accessible on the company's Investor Relations website.
- Steven Kemps, Executive Vice President and Chief Legal Officer, notified the company on July 1, 2026 of his decision to retire effective December 31, 2026; the company has launched a search for his successor.
- If a successor is appointed before December 31, 2026, Mr. Kemps will transition to the role of Special Advisor to the Chief Executive Officer through the Retirement Date.
- Mr. Kemps joined S&P Global in 2016, previously serving as Executive Vice President and General Counsel at Quanta Services, and earlier held roles at Hess Retail Corporation, Kimberly-Clark Corporation, law firm Dorsey & Whitney, and served as Federal Law Clerk to Judge Paul A. Magnuson of the United States District Court, Minnesota.
- CEO Martina Cheung stated the Market Intelligence changes are designed to 'elevate the customer experience while growing our revenue and improving margins.'
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