Raymond W. McDaniel Jr. is Chairman and Chief Executive Officer of Moody's Corporation. In this role Mr. McDaniel is responsible for all activities of the corporation including managing the Moody's Investors Service credit rating agency the Moody's KMV quantitative credit risk analysis business and Moody's Economy.com a provider of economic research.
Mr. McDaniel has held a variety of positions since joining the firm in 1987. He was named President of Moody's Investors Service in November 2001. He was promoted to Executive Vice President of the corporation and was elected to its board of directors in April 2003. Mr. McDaniel was appointed Chief Operating Officer of Moody's Corporation in January 2004 and was named President of the corporation in October 2004. He assumed responsibility as Chairman and Chief Executive Officer in April 2005.
During his tenure Mr. McDaniel has helped lead the company to record levels of financial performance and implemented important enhancements to Moody's ratings practices. Some of these initiatives include growing the core ratings and research business globally implementing international expansion and new products and improving professional practices in the ratings business by enhancing credit policies rating committee processes and credit research capabilities.
In his earlier days with the firm Mr. McDaniel served as Senior Managing Director for Global Ratings & Research. He was Managing Director for International with responsibility for designing and managing regional expansion in Asia Europe and the Americas.
Mr. McDaniel also served as Managing Director for Moody's Europe based in London. In that capacity he was responsible for managing all business and rating activities for Moody's in the region. He began his Moody's career as a Senior Analyst in the Asset Securitization department in New York.
Mr. McDaniel holds a J.D. from Emory University School of Law and a B.A. in political science from Colgate University. He was admitted to the Bar of the State of New York in 1984 and is a member of the board of directors of John Wiley & Sons Inc. and the National Council on Economic Education. |