S&P Global Adds PwC Veteran Robert Moritz to Board, Strengthening Oversight Amidst Market Volatility

NEW YORK – November 10, 2025 – S&P Global announced today the appointment of Robert Moritz, former Global Chairman of PricewaterhouseCoopers (PwC), to its Board of Directors, effective March 1, 2026. The move is widely viewed as a strategic effort to reinforce the company’s commitment to robust governance, risk management, and strategic oversight as it navigates increasing market volatility and expands beyond its traditional ratings business.

Moritz, a veteran of the financial services industry with over four decades of experience, will bring his deep expertise in audit, assurance, and corporate governance to S&P Global. He currently serves on the boards of Walmart and Northern Trust, lending his expertise to their audit and governance committees. His appointment to S&P Global’s Audit and Nominating and Corporate Governance committees signals a clear emphasis on strengthening these critical functions.

“This is a pivotal moment for S&P Global as we continue to evolve our ‘Essential Intelligence’ offerings and navigate an increasingly complex global landscape,” said a financial analyst following the announcement. “Bringing in someone with Moritz’s background is a clear signal that governance and risk management are top priorities.”

A Strategic Move Beyond Ratings

S&P Global has been actively diversifying its business beyond credit ratings, expanding into areas like market intelligence, commodities research, and sustainable analytics. This strategic shift requires a robust governance framework and a keen understanding of emerging risks. Moritz’s experience in navigating the complexities of global financial markets and his understanding of emerging technologies align well with S&P Global’s vision.

“The company is attempting to build an ‘essential intelligence’ platform that transcends traditional ratings,” explained a former executive at a competing financial intelligence firm. “Moritz’s appointment demonstrates a commitment to ensuring that the company’s internal controls and risk management practices are at the highest level as it moves into these new areas.”

Reinforcing Governance in a Volatile Environment

The appointment comes at a time of heightened economic uncertainty and increasing regulatory scrutiny. Global markets are grappling with inflation, geopolitical tensions, and the growing threat of cyberattacks. Strong corporate governance and effective risk management are essential for navigating these challenges and maintaining investor confidence.

“The current environment demands a board that can provide strong oversight and ensure that the company is prepared for any eventuality,” noted a corporate governance expert. “Moritz’s experience as the head of a ‘Big Four’ accounting firm makes him uniquely qualified to address these challenges.”

Navigating Potential Conflicts and Synergies

While S&P Global’s announcement explicitly states no outstanding relationships or transactions requiring reporting between Moritz and the company, and Ernst & Young LLP is currently its auditor, the appointment inevitably raises questions about potential synergies and influences. Some analysts suggest that Moritz’s background could bring valuable insights from the auditing world to the ratings agency, potentially enhancing the quality of financial reporting and risk assessment.

“Having someone with his perspective on the board could lead to a more proactive approach to identifying and mitigating risks,” said a risk management consultant. “It’s not necessarily about a direct conflict of interest, but rather about bringing a different lens to the challenges facing the company.”

Others caution that the appointment could raise questions about independence, particularly if S&P Global were to engage PwC for consulting services in the future. However, the company has emphasized its commitment to maintaining the highest standards of ethical conduct and transparency.

“S&P Global has a strong track record of ethical behavior, and we are confident that any potential conflicts of interest will be addressed appropriately,” said a company spokesperson.

Beyond Compliance: Embracing Proactive Risk Management

Experts emphasize that Moritz’s role extends beyond simply ensuring compliance with regulations. He is expected to play a key role in fostering a culture of proactive risk management throughout the organization. This includes identifying emerging risks, developing strategies to mitigate them, and ensuring that risk management is integrated into all aspects of the business.

“The best boards don’t just react to risks; they anticipate them,” said a corporate governance lawyer. “Moritz’s experience suggests he will be a strong advocate for a proactive, forward-looking approach to risk management.”

Expanding ‘Essential Intelligence’ – A Future-Focused Board

S&P Global’s strategic pivot towards becoming a leading provider of ‘Essential Intelligence’ requires a board that understands the complexities of data analytics, technology, and emerging markets. Moritz’s experience on the boards of Walmart and Northern Trust, both companies undergoing significant digital transformations, positions him to contribute valuable insights in this area.

“The company is betting on data and analytics to drive its future growth,” said a market intelligence analyst. “Moritz’s understanding of how to leverage technology and manage data risk will be crucial to success.”

In conclusion, the appointment of Robert Moritz to S&P Global’s Board of Directors is a strategic move that reinforces the company’s commitment to robust governance, risk management, and innovation. As S&P Global continues to expand its ‘Essential Intelligence’ offerings and navigate a complex global landscape, Moritz’s experience and expertise will be invaluable in ensuring the company’s long-term success. The appointment signals a commitment to proactive risk management and strategic oversight in a rapidly evolving business environment.