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Moody's COO Clarkson steps down, Madelain named replacement

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May 7, 2008

NEW YORK—Moody's Investors Service named Michel Madelain chief operating officer, the ratings agency said Wednesday.

He replaces Brian Clarkson, 52, who is retiring after 17 years with the company, Moody's said.

Madelain, 52, had been executive vice president in charge of global fundamental ratings and is based in London.

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