DOUGLAS PETERSON: PRESIDENT AND CHIEF EXECUTIVE OFFICER
Mr. Peterson joined the Company in September 2011 as President, Standard & Poor’s Ratings Serv- ices (“S&P Ratings”). He was promoted to his current role in November 2013.
Mr. Peterson’s 2015 Pay-for-Performance
2015 Key Achievements:
Under Mr. Peterson’s leadership, the Company: • Delivered strong performance and growth
under tough external conditions and ex- ceeded net income and EPS goals. For 2015, reported revenue grew 5% to $5.31 billion, adjusted net income from continuing oper- ations increased 16% to $1.24 billion and adjusted diluted EPS from continuing oper- ations increased 17% to $4.53.
• Extended and strengthened relationships with investors, market participants, policy makers and industry leaders through ex- tensive outreach; maintained leadership roles on topics of importance (e.g., infrastructure finance) through the Bipartisan Policy Com- mittee (“BPC”) and World Economic Forum (“WEF”), and through active involvement in Business Roundtable (“BRT”) and the Busi- ness Council.
• Aligned leadership roles in 2015, including key appointments for the President, S&P Rat- ings Services, President of Platts, President of S&P Capital IQ and SNL, and Chief Strat- egy Officer.
• Consolidated the Company’s headquarters into downtown New York, a move that brought Corporate employees much closer to its operations, and continued to make
investments in compliance and risk management.
2015 TOTAL TARGET COMPENSATION $7.2M $1.0M 14% $1.5M 21% $4.7M 65% Base ST LT 2015 Actual ST Payout
For results achieved in 2015, Mr. Peterson re- ceived a payout of $1,935,000, representing 129% of target.
JACK CALLAHAN, JR.: EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
Mr. Callahan joined the Company in his current role in December 2010.
Mr. Callahan’s 2015 Pay-for-Performance
2015 Key Achievements:
• Successfully completed the acquisition of SNL Financial, the largest acquisition in the
Company’s history; provided ongoing over- sight through centralized integration management to capitalize on synergies. • Executed productivity initiatives to achieve
$140 million target; on track to deliver full tar- get by the end of 2016.
• Successfully positioned J.D. Power for sale; continued to prioritize potential target busi- ness development opportunities based on strategic fit, synergies and ability to execute. • Under Mr. Callahan’s leadership, the Com-
pany experienced strong balance sheet and capital management performance in 2015.
2015 TOTAL TARGET COMPENSATION $2.55M $0.75M 29% $0.6M 24% $1.2M 47% Base ST LT 2015 Actual ST Payout
For results achieved in 2015, Mr. Callahan re- ceived a payout of $800,000, representing 133% of target.
MICHAEL CHINN: PRESIDENT, S&P CAPITAL IQ AND SNL
Mr. Chinn joined the Company in September 2015 as President, S&P Capital IQ and SNL with the Company’s acquisition of SNL Financial.
Mr. Chinn’s 2015 Pay-for-Performance
2015 Key Achievements:
In 2015, the Company acquired SNL Financial, the largest acquisition in the Company’s history. The combination of SNL with S&P Capital IQ rep- resents a compelling opportunity to create a powerful data and analytics business. As Presi- dent of the combined company, Mr. Chinn: • Delivered strong performance in the segment
for both legacy businesses. Full-year 2015 revenue increased 14% to $1.40 billion. Ex- cluding four months of SNL Financial results, organic revenue growth was 7%. Adjusted operating profit grew 25% to $297 million and the adjusted segment operating margin in- creased 200 basis points.
• Led integration efforts to integrate the S&P Capital IQ and SNL businesses, identified synergy opportunities and delivered adjusted margin improvement.
• Established integration management office and streamlined organizational structure to deliver future growth and profitability.
2015 TOTAL TARGET COMPENSATION $1.45M $0.45M 31% $0.4M 28% $0.6M 41% Base ST LT 2015 Actual ST Payout
For results achieved in 2015, Mr. Chinn received a payout of $485,000, representing 121% of target.
JOHN BERISFORD: PRESIDENT, STANDARD & POOR’S RATINGS SERVICES
Mr. Berisford joined the Company in January 2011 as Executive Vice President, Human Resources. On February 10, 2015, Mr. Berisford informed the Company of his decision to leave the Company and ceased serving in an executive officer capacity effective as of such date. He was reinstated as EVP, Human Resources and an executive officer of the company effective April 15, 2015. Effective November 3, 2015, he was appointed to his current role as President, Standard & Poor’s Ratings Services.
Mr. Berisford’s 2015 Pay-for-Performance
2015 Key Achievements:
As EVP, Human Resources, Mr. Berisford: • Launched a CEO Leadership Program to
further develop our most senior talent and strengthen the succession pipeline. • Extended and embedded performance
management and development proc- esses across the organization and ele- vated succession planning and
transparency for the top 150 executives. As President, Standard & Poor’s Ratings Serv- ices, Mr. Berisford:
• Strengthened the core ratings product through simplified criteria, improved re- search, forward-looking analytics, and enhanced delivery supported by market engagement.
• Enhanced the operating model through new leadership structure, increased ac- countability, and shared values.
2015 TOTAL TARGET COMPENSATION $1.9M $0.6M 32% $0.45M 24% $0.85M 45% Base ST LT 2015 Actual ST Payout
For results achieved in 2015, Mr. Berisford re- ceived a payout of $580,500, representing 129% of target.
ALEX MATTURRI: CHIEF EXECUTIVE OFFICER, S&P DOW JONES INDICES
Mr. Matturri joined the Company in his current role in May 2007.
Mr. Matturri’s 2015 Pay-for-Performance
2015 Key Achievements:
As Chief Executive Officer, S&P Dow Jones In- dices, Mr. Matturri:
• Delivered strong financial performance. Rev- enue increased 8% to $597 million, adjusted operating profit increased 12% to $392 mil- lion, and the Company’s share of the ad- justed segment operating margin continued to improve.
• Launched a suite of new fixed income in- dices, anchored by our flagship S&P 500 Bond Index - the first-ever index that tracks the debt of the S&P 500 companies and the first priced in real-time throughout the day. • With a focus on deepening and expanding local presence in emerging markets, new or expanded exchange agreements were estab- lished with NZX in New Zealand, Bolsa Mex- icana De Valores, and BM&F BOVESPA in Brazil.
2015 TOTAL TARGET COMPENSATION $1.7M $0.475M 28% $0.525M 31% $0.7M 41% Base ST LT 2015 Actual ST Payout
For results achieved in 2015, Mr. Matturri re- ceived a payout of $718,000, representing 137% of target.
For a discussion regarding payments and benefits received by Mr. Sahai and Ms. Fato, see page 61 and pages 83 through 85 of this Proxy Statement.