S&P Global Inc. said late Thursday its chief executive for S&P Dow Jones Indices, which oversees the S&P 500 index and others, will retire next year. In a statement, the company said that Alexander Matturri will remain CEO “until next year to help ensure a smooth transition at the division,” and that his successor would be named “in due course.” S&P Global shares were flat after hours, following a 0.8% rise to close the regular session at $256.73.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
- Apple passes Microsoft into 1st place on list of largest U.S. companies - May 27, 2020
- Howard Gold’s No-Nonsense Investing: Why you should wait to claim Social Security — even if stocks crash - May 27, 2020
- Bank-focused ETFs surge by at least 3% Wednesday as investors shift to beaten-down sectors - May 27, 2020