Age, Biography and Wiki

Raymond W. McDaniel Jr. (Raymond Whitehead McDaniel, Jr.) was born on 5 January, 1958, is a President and chief executive officer of Moody's Corporation. Discover Raymond W. McDaniel Jr.'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 66 years old?

Popular As Raymond Whitehead McDaniel, Jr.
Occupation President and chief executive officer of Moody's Corporation
Age 66 years old
Zodiac Sign Capricorn
Born 5 January, 1958
Birthday 5 January
Birthplace N/A
Nationality

We recommend you to check the complete list of Famous People born on 5 January. He is a member of famous President with the age 66 years old group.

Raymond W. McDaniel Jr. Height, Weight & Measurements

At 66 years old, Raymond W. McDaniel Jr. height not available right now. We will update Raymond W. McDaniel Jr.'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Wife Not Available
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Children Not Available

Raymond W. McDaniel Jr. Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Raymond W. McDaniel Jr. worth at the age of 66 years old? Raymond W. McDaniel Jr.’s income source is mostly from being a successful President. He is from . We have estimated Raymond W. McDaniel Jr.'s net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income President

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Timeline

2019

Moody’s and other credit rating agencies were again the subject of scrutiny with respect to the European Sovereign crisis. In March 2012, McDaniel published an article on Moody’s website called "A Solution for the Credit Rating Agency Debate" in which he urged public institutions frustrated with private-sector credit ratings to start a public credit-ratings firm that could provide "competing views".

2011

At the Milken Institute Global Conference in May 2011, McDaniel cautioned against using ratings in a "mechanistic" way, where changes in rating automatically produce market effects. He had previously advised that investors should use ratings as a tool rather than a specific market strategy, in testimony before the Financial Crisis Inquiry Commission in 2010. He has endorsed rules and regulations that increase market transparency and quality of ratings, as long as they do not interfere with the independence of ratings content produced by private agencies.

2010

In 2010, McDaniel was the subject of some media scrutiny due to sales of company stock prior to a drop in Moody's share value, and coincident with the company's receipt of a Wells notice from the SEC. Although some observers expressed skepticism about McDaniel's actions amid the timing of the stock sales, Moody's stated that McDaniel's sales had been part of a pre-arranged plan under SEC Rule 10b5-1.

2007

Between 2007 and 2009, Moody's and other credit rating agencies were the subject of criticism for their ratings of subprime mortgage backed securities. McDaniel testified regarding the ratings at U.S. congressional hearings on multiple occasions, where he stated he was "deeply disappointed with the performance of ratings associated with the housing sector."

2003

McDaniel joined the board of directors of the Council for Economic Education (then the National Council on Economic Education) in 2003, and has helped expand its workshops in New York City public schools. In September 2005, he joined the board of directors of the global publishing company John Wiley & Sons. McDaniel has appeared as a speaker at the Milken Institute Global Conference in 2011 and 2012.

1987

McDaniel joined Moody's Investors Service in New York in 1987 as an analyst in Asset Securitization. In 2001 he became president of Moody's Investors Service, and was elected to the Moody's Corporation board of directors in 2003. McDaniel became chief operating officer of Moody's Corporation in January 2004. From October 2004 until April 2005 McDaniel served as president of Moody's Corporation. In April 2005, McDaniel was named chairman and CEO of Moody's Corporation He served as the chairman of the board of directors from 2005 to 2012, when Henry McKinnell was named Chairman of the Board of Directors. In 2012, as part of the decision to split the role of chairman and CEO, he again became president of Moody's Corporation, where he currently oversees the company's two divisions; Moody's Investors Service and Moody's Analytics.

1984

McDaniel earned a B.A. in political science from Colgate University, and a J.D. from Emory University School of Law. In 1984 McDaniel was admitted to the New York State Bar.

1958

Raymond Whitehead McDaniel, Jr. (born January 5, 1958) is an American financial executive. He is president and chief executive officer of Moody's Corporation, the parent company of Moody's Investors Service and Moody's Analytics.