S&P Global CEO Peterson to retire, Cheung named president and CEO

S&P Global announced that its Board of Directors has unanimously elected Martina L. Cheung, S&P Global’s current President of S&P Global Ratings, to succeed Douglas L. Peterson as the Company’s President and Chief Executive Officer, effective November 1, 2024. Additionally, Ms. Cheung has been appointed as a member of the Board, effective July 1, 2024. Mr. Peterson will remain on the Board until May 2025 and be a special advisor to the Company until December 31, 2025. Cheung has held multiple leadership roles in her 14 years at S&P Global. She currently leads S&P Global Ratings, which realized $3.3 billion in annual revenue for 2023, a 9% increase over the prior year, with 56.5% full-year operating profit margin. Additionally, under her leadership, S&P Global Sustainable1 had revenue growth of 24% in 2023. Prior to her current roles, Ms. Cheung led S&P Global Market Intelligence, during which time the division exceeded $2 billion in annual revenue. She also served as S&P Global’s Chief Strategy Officer, responsible for developing the Company’s growth and innovation investment priorities. Additionally, she was Head of Risk Services in S&P Global Market Intelligence, helping clients navigate the complex credit and risk landscape, and grew the business at a compound annual growth rate of more than 9%. Ms. Cheung has been instrumental in S&P Global’s most significant mergers and acquisitions, including the IHS Markit merger in 2022 and the SNL Financial acquisition in 2015.”On behalf of our entire Board, I am delighted to have a leader of Martina’s exceptional caliber become S&P Global’s next President and CEO,” said Mr. Peterson. “As a long-standing member of the Executive Committee, Martina has had a profound impact on the evolution and growth of S&P Global. She is a tremendous leader with deep operational expertise and unparalleled knowledge of our business and the entire industry.”