Summary by Futu AI
MSCI Inc. has appointed June Yang, former VP of Cloud AI and Industry Solutions at Google Cloud, as an independent director effective December 17, 2024. Yang brings expertise in cloud computing, AI, and data-driven solutions. The Board will now comprise 13 directors.Yang will receive an annual retainer of $90,000 and restricted stock units worth $210,000, prorated from her start date. She previously held leadership roles at Google Cloud and VMware, and currently serves on the boards of NetApp and UiPath. Yang holds degrees from Caltech, UC Berkeley, and Stanford.MSCI's CEO, Henry A. Fernandez, emphasized Yang's expertise in AI and cloud infrastructure as valuable for advancing MSCI's innovation and client solutions. Yang expressed excitement about joining MSCI and leveraging emerging technologies to create value for clients and shareholders.