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    MSCI   US55354G1004


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MSCI INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

06/01/2021 | 07:10am EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 31, 2021, the Board of Directors (the "Board") of MSCI Inc. (the "Company") appointed Rajat Taneja to serve as an independent director on the Board, effective June 1, 2021 (the "Effective Date"). Mr. Taneja will serve as a member of the Audit Committee of the Board. Following the appointment of Mr. Taneja, the Board will be comprised of ten directors.

Mr. Taneja will serve on the Board until the next annual meeting of shareholders of the Company, or until his successor is elected and qualified or until the earlier of his death, resignation or removal. In connection with his appointment, the Board determined that Mr. Taneja is independent under the Company's Corporate Governance Policies and within the meaning of the New York Stock Exchange ("NYSE") and Securities and Exchange Commission ("SEC") standards of independence for directors.

Under the non-employee director compensation program described in the Company's annual proxy statement filed with the SEC on March 17, 2021, in connection with his service on the Board, Mr. Taneja is entitled to receive an annual retainer (payable in cash or stock at his election) of $80,000 and an annual equity award in the form of restricted stock units ("RSUs") under the MSCI Inc. 2016 Non-Employee Directors Compensation Plan having an aggregate fair market value of $165,000, with the number of shares of common stock underlying such awards determined based on the closing price of the Company's common stock as reported by the NYSE on the date prior to grant. Mr. Taneja is also entitled to an annual retainer (payable in cash or stock at his election) of $10,000 for his service on the Audit Committee of the Board. The annual retainers and initial award of RSUs will be prorated from the Effective Date. The initial RSU award is scheduled to vest on May 1, 2022.

Mr. Taneja, age 56, is currently the President of Technology for Visa Inc. ("Visa"), a role he has held since September 2019. He joined Visa in November 2013 and served as Executive Vice President of Technology and Operations until August 2019. Prior to joining Visa, Mr. Taneja was Executive Vice President and Chief Technology Officer of Electronic Arts Inc. from October 2011 until November 2013. From August 1996 until October 2011, he served in various roles at Microsoft Corporation ("Microsoft"), including as the Corporate Vice President, Commerce Division. At Microsoft, Mr. Taneja led the development and deployment of commerce and transaction technologies across its connected services, the company's online digital advertising platforms, and its first business online service offering. Mr. Taneja served on the board of directors of Ellie Mae from June 2015 until April 2019, including on its Technology and Cybersecurity Committee and Nominating and Corporate Governance Committee. Mr. Taneja holds a Bachelor of Engineering from Jadavpur University and a Master of Business Administration from Washington State University.

There are no family relationships between Mr. Taneja and any officer or other director of the Company. There is no arrangement or understanding between Mr. Taneja and any other person pursuant to which he was selected as a director. In addition, Mr. Taneja has never been employed at the Company or any of its subsidiaries.

There are no related person transactions (within the meaning of Item 404(a) of Regulation S-K) between Mr. Taneja and the Company or any of its subsidiaries.

Item 7.01 Regulation FD Disclosure.

The press release announcing the matters described in Item 5.02 above is attached to this Current Report on Form 8-K as Exhibit 99.1.

The information furnished under Item 7.01 of this Report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.    Description
Exhibit 99.1     Press Release of the Registrant, dated June 1, 2021, titled
               "Rajat Taneja Appointed to MSCI Inc. Board of Directors."
Exhibit 104    Cover Page Interactive Data File (embedded in the cover page
               formatted in Inline XBRL).


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