NEW YORK--(BUSINESS WIRE)--

Moody's Corporation (NYSE: MCO) announced today that Perry Rotella has joined the corporation as Senior Vice President and Chief Information Officer. Mr. Rotella will have overall responsibility for leading Moody's global information technology strategy and direction.

Previously, Mr. Rotella spent seven years at American International Group (AIG), where he held a number of senior technology positions, including CIO for AIG's Domestic Brokerage group and AIG's Global Chief Technology Officer. Prior to AIG, he spent 15 years with American Management Systems (AMS), a technology consulting firm, where he held a variety of positions including Chief Technology Officer for AMS's Insurance Technology Group.

"Perry's deep expertise and experience driving technology-based innovation within global financial services organizations will be particularly valuable to us as we continue to leverage advanced technologies to support business growth and new sources of revenue," said Raymond W. McDaniel, Jr., Chairman and Chief Executive Officer of Moody's Corporation.

Mr. Rotella graduated from the University of Pennsylvania with a Bachelor of Arts degree in mathematics and economics.

Moody's Corporation (NYSE: MCO) is the parent company of Moody's Investors Service, a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets, Moody's KMV, a leading provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world's largest financial institutions, and Moody's Economy.com, a provider of economic research and data services. The corporation, which reported revenue of $1.7 billion in 2005, employs approximately 3,000 people worldwide and maintains offices in 22 countries. Further information is available at www.moodys.com.

Source: Moody's Corporation