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.
"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."
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