MSCI (MXB) Names David M. Obstler to CFO

MSCI Inc. (NYSE: MXB) announced today that David M. Obstler will become the company’s Chief Financial Officer effective upon the closing of MSCI’s proposed acquisition of RiskMetrics Group, Inc. (“RiskMetrics”), succeeding Michael K. Neborak.

David Obstler is currently the Chief Financial Officer of RiskMetrics Group, Inc. where he has served in that role since January 2005. From 2000 to 2004, he was Chief Financial Officer and Executive Vice President of Corporate Development for Pinnacor Inc., a NASDAQ publicly listed provider of software and services to the financial services industry. Prior to that, he was an investment banker at JPMorgan, Lehman Brothers and Goldman Sachs. He has a B.A. from Yale University and an M.B.A. from Harvard Business School.

“We are very pleased that David will join the MSCI management team upon completion of the RiskMetrics acquisition,” said Henry Fernandez, Chairman and Chief Executive Officer of MSCI. “He brings with him ten years of experience as a public-company CFO and we believe that his detailed knowledge of RiskMetrics will be a major asset in the integration. We look forward to benefiting from his expertise as our company enters its next phase of growth.”

“On behalf of our Board of Directors and the company, I want to thank Mike Neborak for his outstanding service in guiding MSCI in its transition to a fully independent public company, including our IPO and separation from Morgan Stanley, and his work on the acquisition of RiskMetrics. Mike has established a firm financial foundation for MSCI that will serve us well going forward," added Mr. Fernandez. Mr. Neborak will remain with the Company through a transition period.