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S&P Global Announces New Board Leadership: Ian P. Livingston Named Chairman of the Board

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S&P Global (NYSE: SPGI) has announced leadership changes with Ian P. Livingston being elected as Non-Executive Chairman of the Board of Directors, effective May 7, 2025. Livingston will succeed Richard E. Thornburgh, who has served as Chairman since October 2020 and will retire in May 2025.

Livingston, a board member since 2020, brings extensive experience as former CEO of BT Group plc and UK Minister for Trade and Investment. He currently serves as Senior Independent Director at National Grid plc and Non-Executive Chair of the Business Growth Fund.

Additionally, Gay Huey Evans, Robert P. Kelly, and Douglas L. Peterson will retire from the Board and not seek reelection at the 2025 Annual Meeting. The transition follows Thornburgh's tenure, which included overseeing the 2022 IHS Markit acquisition and the 2024 CEO selection process.

S&P Global (NYSE: SPGI) ha annunciato cambiamenti nella leadership con Ian P. Livingston eletto come Presidente Non Esecutivo del Consiglio di Amministrazione, a partire dal 7 maggio 2025. Livingston succederà a Richard E. Thornburgh, che ha ricoperto il ruolo di Presidente da ottobre 2020 e andrà in pensione a maggio 2025.

Livingston, membro del consiglio dal 2020, porta con sé una vasta esperienza come ex CEO di BT Group plc e Ministro del Commercio e degli Investimenti del Regno Unito. Attualmente ricopre il ruolo di Direttore Indipendente Senior presso National Grid plc e Presidente Non Esecutivo del Business Growth Fund.

Inoltre, Gay Huey Evans, Robert P. Kelly e Douglas L. Peterson si ritireranno dal Consiglio e non cercheranno la rielezione all'Assemblea Annuale del 2025. La transizione segue il mandato di Thornburgh, che ha incluso la supervisione dell'acquisizione di IHS Markit nel 2022 e il processo di selezione del CEO nel 2024.

S&P Global (NYSE: SPGI) ha anunciado cambios en la dirección con Ian P. Livingston elegido como Presidente No Ejecutivo de la Junta Directiva, a partir del 7 de mayo de 2025. Livingston sucederá a Richard E. Thornburgh, quien ha sido Presidente desde octubre de 2020 y se retirará en mayo de 2025.

Livingston, miembro de la junta desde 2020, aporta una amplia experiencia como ex CEO de BT Group plc y Ministro de Comercio e Inversiones del Reino Unido. Actualmente se desempeña como Director Independiente Senior en National Grid plc y Presidente No Ejecutivo del Business Growth Fund.

Además, Gay Huey Evans, Robert P. Kelly y Douglas L. Peterson se retirarán de la Junta y no buscarán la reelección en la Asamblea Anual de 2025. La transición sigue al mandato de Thornburgh, que incluyó la supervisión de la adquisición de IHS Markit en 2022 y el proceso de selección del CEO en 2024.

S&P Global (NYSE: SPGI)Ian P. Livingston을 비상임 의장으로 선출했다고 발표했으며, 이는 2025년 5월 7일부터 효력이 발생합니다. Livingston은 2020년 10월부터 의장을 맡아온 Richard E. Thornburgh의 뒤를 이어 2025년 5월에 은퇴할 예정입니다.

Livingston은 2020년부터 이사회 멤버로 활동해왔으며, BT Group plc의 전 CEO이자 영국의 무역 및 투자 장관으로서 폭넓은 경험을 가지고 있습니다. 현재 그는 National Grid plc의 수석 독립 이사 및 Business Growth Fund의 비상임 의장을 맡고 있습니다.

또한, Gay Huey Evans, Robert P. Kelly 및 Douglas L. Peterson은 이사회에서 은퇴하고 2025년 연례 회의에서 재선에 나서지 않을 것입니다. 이 전환은 2022년 IHS Markit 인수 및 2024년 CEO 선임 과정을 감독한 Thornburgh의 임기를 따릅니다.

S&P Global (NYSE: SPGI) a annoncé des changements de direction avec Ian P. Livingston élu Président Non Exécutif du Conseil d'Administration, à compter du 7 mai 2025. Livingston succédera à Richard E. Thornburgh, qui a été Président depuis octobre 2020 et prendra sa retraite en mai 2025.

Livingston, membre du conseil depuis 2020, apporte une vaste expérience en tant qu'ancien PDG de BT Group plc et Ministre britannique du Commerce et des Investissements. Il occupe actuellement le poste de Directeur Indépendant Senior chez National Grid plc et Président Non Exécutif du Business Growth Fund.

De plus, Gay Huey Evans, Robert P. Kelly et Douglas L. Peterson se retireront du Conseil et ne chercheront pas à être réélus lors de l'Assemblée Générale de 2025. La transition fait suite au mandat de Thornburgh, qui a inclus la supervision de l'acquisition d'IHS Markit en 2022 et le processus de sélection du PDG en 2024.

S&P Global (NYSE: SPGI) hat Führungswechsel bekannt gegeben, wobei Ian P. Livingston zum nicht-executiven Vorsitzenden des Vorstands gewählt wurde, mit Wirkung zum 7. Mai 2025. Livingston wird Richard E. Thornburgh nachfolgen, der seit Oktober 2020 als Vorsitzender tätig ist und im Mai 2025 in den Ruhestand geht.

Livingston, der seit 2020 Mitglied des Vorstands ist, bringt umfangreiche Erfahrung als ehemaliger CEO von BT Group plc und britischer Minister für Handel und Investitionen mit. Derzeit ist er Senior Independent Director bei National Grid plc und nicht-executiver Vorsitzender des Business Growth Fund.

Zusätzlich werden Gay Huey Evans, Robert P. Kelly und Douglas L. Peterson aus dem Vorstand ausscheiden und sich bei der Jahreshauptversammlung 2025 nicht zur Wiederwahl stellen. Der Übergang folgt auf Thornburghs Amtszeit, die die Aufsicht über die Übernahme von IHS Markit im Jahr 2022 und den Auswahlprozess des CEO im Jahr 2024 umfasste.

Positive
  • Smooth leadership transition with experienced successor already familiar with the company
  • New chairman brings diverse experience across public and private sectors
  • Incoming chairman has strong financial and operational expertise from CEO and CFO roles
Negative
  • None.
  • Ian P. Livingston elected as Non-Executive Chairman of the Board of Directors of S&P Global
  • Livingston succeeds Richard E. Thornburgh who will retire when his current term expires in May 2025

NEW YORK, March 25, 2025 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced Ian P. Livingston (Lord Livingston of Parkhead) has been elected as Non-Executive Chairman of the Board of Directors, effective May 7, 2025. Ian Livingston will succeed Richard E. Thornburgh, who has served as the Non-Executive Chairman of the Board since October 2020 and will retire when his current term expires in May 2025.

S&P Global announced that Ian P. Livingston has been elected as Non-Executive Chairman of the Board of Directors.

"I am grateful to have had the opportunity to serve as Chairman of the Board at S&P Global over the last four and a half years, and as a director since 2011. S&P Global is a remarkable company with unique products and extraordinarily talented people," Richard E. Thornburgh said. "I am very pleased that Ian Livingston will serve as the next Chairman of the Board. Ian has been a valued member of the Board since 2020, and has deep global business experience, including in finance, accounting, and technology. He is an excellent choice, and I am confident the company is in the right hands."

Ian Livingston has been a member of the S&P Global Board of Directors since 2020. Previously, he was CEO of BT Group plc, the UK telecommunications provider and Minister for Trade and Investment in the UK Government. He is also a Senior Independent Director and Chair of the Finance Committee of National Grid plc, one of the world's largest publicly listed utilities, and a Non-Executive Chair of the Business Growth Fund, a major investor in growth businesses in the UK and Ireland. He was previously Chairman of Currys plc and Man Group plc. He has also been Chief Financial Officer of BT Group plc and Dixons Group plc.

Martina L. Cheung, President and CEO of S&P Global said, "We are pleased that Ian is stepping into the Chairman of the Board role; he has demonstrated exceptional leadership across both the public and private sectors, previously serving as a CEO, CFO, and minister in the British government and brings an international perspective on top of deep operational expertise He is uniquely qualified to serve as Board Chair and help guide S&P Global into its next phase of growth."

"It is an honor to be elected as the next Chairman of the Board of S&P Global. On behalf of my fellow directors, I would like to thank Dick for his leadership and dedication to the Board for more than a decade," Ian P. Livingston said. "In a fast-changing world, S&P Global's mission to provide Essential Intelligence has never been more important. S&P Global is outstandingly positioned to further deliver for its customers and shareholders. Together with my fellow directors, I look forward to continuing to contribute to the company's success in partnership with Martina and her talented team."

Gay Huey Evans and Robert P. Kelly will also retire from the Board and not stand for reelection at the 2025 Annual Meeting, along with Douglas L. Peterson, as previously announced in June 2024.

Ms. Cheung concluded, "While Chairman of the Board, Dick presided over a transformative period for S&P Global's business, including the 2022 acquisition of IHS Markit and the CEO selection and transition process in 2024. I would like to extend a heartfelt thanks to Dick, as well as Doug, Gay and Bob for their valuable service and many contributions to S&P Global."

About Ian P. Livingston

Ian Livingston (Lord Livingston of Parkhead) is S&P Global's Non-Executive Chairman, effective May 2025. Lord Livingston was CEO of BT Group plc, the UK telecommunications provider, from 2008-2013, and UK Minister for Trade and Investment, responsible for UK trade and inward investment, from 2013-2015. He is also a Senior Independent Director and Chair of the Finance Committee of National Grid plc, one of the world's largest publicly listed utilities, as well as a Non Executive Chair of the Business Growth Fund, a major investor in growth businesses in UK and Ireland.

He was previously Chairman of Currys plc, one of Europe's largest retailers of consumer electronics and the FTSE 250 fund manager, Man Group plc. He has also been CFO of BT Group plc and Dixons Group plc, at the time being the youngest CFO in the FTSE 100. Other non-executive experience includes Non-Executive Director and Chair of Audit Committee of the luxury hotels group, Belmond Ltd and Celtic plc.

Lord Livingston is also involved in a number of charities particularly in the fields of education, equality and social care. He is also a member of the House of Lords in the UK Parliament.

About Richard E. Thornburgh

Mr. Thornburgh was S&P Global's Non-Executive Chairman from October 2020 to May 2025. He was previously the Non-Executive Director and Chairman of Credit Suisse Holdings (USA), Inc. He is also the former Vice Chairman of the Board of Credit Suisse Group A.G. and chaired its Risk Committee. He held key positions throughout his career with Credit Suisse First Boston (CSFB), the investment banking arm of Credit Suisse Group A.G., including Executive Vice Chairman of CSFB from 2004 through 2005. He has also held key positions with Credit Suisse Group A.G., including Chief Financial Officer, Chief Risk Officer and member of the Executive Board of Credit Suisse Group A.G. His service on the Credit Suisse boards ended at the end of fiscal year 2017.

Mr. Thornburgh is a Director of Repay Holdings Corporation, and serves on its Nominating and Compensation Committees. Mr. Thornburgh served on the Board of Capstar Financial Holdings, Inc. from 2008 through 2019. He was the Lead Director of NewStar Financial, Inc. until its sale in December 2017. He serves as the Chairman of the Board of Jackson Hewitt, a privately held company. He was previously Vice Chairman of Corsair Capital LLC, a private equity firm focused on investing in the global financial services industry, and continues to serve as a member of Corsair's Private Equity Funds' Investment Committee. He was previously a Director of Reynolds American Inc., National City Corporation and Dollar General Corporation.

Mr. Thornburgh served on the executive committee for six years and as Chairman of the Securities Industry Association in 2004. In addition, he serves on University of Cincinnati 's Investment Committee as well as the Dean's advisory cabinet of the university's Lindner School of Business.

About S&P Global

S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. 

We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. 

Contacts:

Investor Relations:
Mark Grant
Senior Vice President, Investor Relations
Tel: +1 (347) 640-1521
mark.grant@spglobal.com

Media:
Christina Twomey
Chief Communications Officer
Tel: +1 (410) 382-3316
christina.twomey@spglobal.com

Orla O'Brien
Global Head of Public Relations
Tel: +1 (857)407-8559
orla.obrien@spglobal.com

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SOURCE S&P Global

FAQ

When will Ian Livingston take over as Chairman of S&P Global (SPGI)?

Ian Livingston will become Non-Executive Chairman of S&P Global effective May 7, 2025.

How long has Richard Thornburgh served as S&P Global's (SPGI) Chairman?

Richard Thornburgh has served as Non-Executive Chairman since October 2020, and as a director since 2011.

What major corporate events did Chairman Thornburgh oversee at S&P Global (SPGI)?

Thornburgh oversaw the 2022 acquisition of IHS Markit and the CEO selection and transition process in 2024.

Which other S&P Global (SPGI) board members are retiring in 2025?

Gay Huey Evans, Robert P. Kelly, and Douglas L. Peterson will retire and not seek reelection at the 2025 Annual Meeting.

What is Ian Livingston's background before joining S&P Global (SPGI)?

Livingston was CEO of BT Group plc, UK Minister for Trade and Investment, and held positions as Chairman of Currys plc and Man Group plc.
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