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Get filing alertsS&P Global reorganizes Market Intelligence into two AI-focused verticals, CLO to retire
Filed July 6, 2026 · Period ending July 1, 2026 · ~1 min read
Key Changes
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high
Market Intelligence division split into Kensho Data & Platforms (led by Sally Moore) and Enterprise Solutions (led by Darren Thomas) to align with AI-driven market needs and integrate data, AI, software, and workflow capabilities.
Exhibit 99.1 view on EDGAR → -
medium
Chief Legal Officer Steven Kemps retiring December 31, 2026 after 10+ years; successor search underway, with Kemps staying through year-end or transitioning to special advisor if replacement found earlier.
Item 5.02 verify on EDGAR → -
medium
Sally Moore's role expands to Co-Head of Market Intelligence, Kensho Data & Platforms while continuing as Chief Client Officer; Darren Thomas elevated to Co-Head and joins Executive Leadership Team.
Exhibit 99.1 view on EDGAR → -
medium
Maritime & Trade moves to S&P Global Energy division; Credit Analytics moves to S&P Global Ratings division as part of reorganization.
Exhibit 99.1 view on EDGAR → -
low
Company recast 2025 and Q1 2026 quarterly segment financials to reflect new divisional structure; presentation change only, not a correction of prior errors.
Exhibit 99.1 view on EDGAR →
Summary
S&P Global is restructuring its Market Intelligence division into two verticals designed to capitalize on AI-driven market opportunities. Kensho Data & Platforms will focus on data and AI capabilities, while Enterprise Solutions will handle workflow and software integration.
The reorganization includes moving Maritime & Trade to the Energy division and Credit Analytics to Ratings, suggesting a strategic realignment around core competencies. Sally Moore and Darren Thomas will co-lead the division, with Thomas joining the executive leadership team. Separately, Chief Legal Officer Steven Kemps announced his retirement effective December 31, 2026, after serving in the role since 2016.
The six-month notice period and planned transition to a special advisor role if a successor is found early suggests an orderly succession process. The company has recast prior-period segment financials to reflect the new structure, a routine presentation change that allows investors to compare performance under the new operating model. The reorganization reflects management's view that AI integration requires a different organizational approach, though execution risk remains as the company implements the new structure.
Section-by-Section Diff
Event · Exhibit 99.1
S&P Global reorganizes Market Intelligence into two verticals, announces executive leadership changes, and discloses Chief Legal Officer retirement.
Added in current filing · view on EDGAR →
Separately, Steve Kemps, Chief Legal Officer, has decided to retire from the Company, staying until December 31, 2026, to help ensure a smooth transition. The Company has launched a search for his successor. Should a successor be appointed prior to Mr. Kemp's departure, he will transition to a special advisor to Ms. Cheung for the remainder of his time with the Company.
Steve Kemps, Chief Legal Officer since 2016, will retire effective December 31, 2026. The company has initiated a search for his successor. If a replacement is found before year-end, Kemps will transition to a special advisor role to CEO Martina Cheung. This represents a planned, orderly leadership transition with a six-month notice period.
Added in current filing · view on EDGAR →
In a separate release this morning, the Company has recast previously reported quarterly segment financial information for 2025 and the first quarter of 2026, to reflect the revised reportable divisions. The recast financial information by division is accessible on the Company’s Investor Relations website under the section titled “SEC Filings & Reports” as well as the section titled “Quarterly Earnings & Monthly Metrics.”
S&P Global has recast its quarterly segment financial information for 2025 and Q1 2026 to reflect the new divisional structure resulting from the Market Intelligence reorganization. This is a presentation change to align historical financials with the new operating model, not a correction of prior errors. The recast data is available on the company's investor relations website.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 7, 2026 · How we verify