S&P Global announced that its Board of Directors has unanimously elected Martina L. Cheung, S&P Global's current President of S&P Global Ratings, to succeed Douglas L. Peterson as the Company's President, effective November 1, 2024. Additionally, Ms. Cheung has been appointed as a member of the Board, effective July 1, 2024. Mr. Peterson will remain on the Board until May 2025 and be a special advisor to the Company until December 31, 2025.

Ms. Cheung has held multiple leadership roles in her 14 years at S&P Global. She currently leads S&P Global Ratings as President. Ms. Cheung has been instrumental in S&P Global's most significant mergers and acquisitions, including the IHS Markit merger in 2022 and the SNL Financial acquisition in 2015.

Joining in 2011 and serving as CEO since 2013, Mr. Peterson has been integral to building the company S&P Global is today and has overseen transformational growth. Further, Mr. Peterson oversaw important inorganic growth at the Company, culminating in its landmark acquisition of IHS Markit. Ms. Cheung also serves as the Executive Lead of S&P Global Sustainable1, responsible for driving the enterprise-wide growth strategy for sustainability.

Ms. Cheung joined the Company in 2010 as Vice President of Operations for S&P Global Ratings and went on to serve as S&P Global's Chief Strategy Officer, where she was responsible for developing the Company's growth and innovation investment priorities. She was also Head of Risk Services in S&P Global Market Intelligence, helping clients navigate the complex credit and risk landscape. She most recently led S&P Global Market Intelligence, and Ms. Cheung formerly served on the Board of CRISIL.

Ms. Cheung is a member of the Council on Foreign Relations, the Economic Club of New York, and served on the U.S. Commodity Futures Trading Commission's (CFTC) subcommittee on Climate-Related Market Risk. Ms. Cheung serves on the Board of Trustees for Catholic Charities New York. Prior to joining S&P Global, Ms. Cheung worked in the consulting industry, first in Accenture's Financial Services Strategy group and later as a Partner at Mitchell Madison Consulting.

She holds a Bachelor's Degree in Commerce and a Master's Degree in Business Studies from National University of Ireland, Galway. Throughout his tenure as CEO of S&P Global, beginning in 2013, Douglas L. Peterson proved to be a purpose-driven and highly effective leader. In 2016, he rebranded the Company to S&P Global reflecting its strong heritage, clear vision and values, and leading market position.

When Mr. Peterson first joined S&P Global in 2011 as President of the Company's credit ratings business, he quickly established himself by delivering results and building strong relationships across a wide range of constituencies. Before joining S&P Global, Mr. Peterson was the Chief Operating Officer of Citibank, N.A., Citigroup's principal banking entity that operates in more than 100 countries. His earlier roles included CEO of Citigroup Japan, in addition to serving as Citigroup's chief auditor, and leadership roles in Uruguay and Costa Rica.

He chairs the Bipartisan Policy Center's ESG Taskforce, and in 2021 he led a workstream of the G7's Impact Taskforce on mobilizing private capital for public good by advocating for globally consistent standards to measure, value, and account for sustainability. Doug chairs the U.S. Japan Business Council and is a member of the Boards of Directors of the Japan Society and National Bureau of Economic Research. In addition, he serves on the Federal Deposit Insurance Corporation's Systemic Resolution Advisory Committee, is a member of the Business Roundtable, and a member of the UN Global Compact Board.

Doug is also a Trustee of Claremont McKenna College and the Paul Taylor Dance Company.