S&P Global Announces Key Leadership Appointments for Mobility Business
S&P Global (NYSE: SPGI) has announced key leadership appointments in its Mobility division as it prepares for the division's planned separation into a standalone public company. Scott Fredericks, former COO of CARFAX, has been appointed as President of CARFAX, while Joe Lafeir, former President of Automotive Insights, will serve as President of Mobility Business Solutions.
Both executives will report to Bill Eager, who was recently appointed President of S&P Global Mobility and CEO designate of the future standalone company. The separation of the Mobility business is expected to complete within 12 to 18 months, subject to regulatory approvals and Board authorization.
S&P Global (NYSE: SPGI) ha annunciato nomine chiave nella sua divisione Mobility in vista della prevista trasformazione della divisione in una società pubblica autonoma. Scott Fredericks, ex COO di CARFAX, è stato nominato Presidente di CARFAX, mentre Joe Lafeir, ex Presidente di Automotive Insights, assumerà la carica di Presidente di Mobility Business Solutions.
Entrambi i dirigenti riportano a Bill Eager, recentemente nominato Presidente di S&P Global Mobility e CEO designato della futura società indipendente. La separazione della divisione Mobility dovrebbe completarsi entro 12-18 mesi, soggetta all'approvazione delle autorità regolatorie e all'autorizzazione del Consiglio.
S&P Global (NYSE: SPGI) ha anunciado nombramientos clave en su división Mobility mientras se prepara para la separación planificada de la división en una empresa pública independiente. Scott Fredericks, ex COO de CARFAX, ha sido designado Presidente de CARFAX, y Joe Lafeir, ex Presidente de Automotive Insights, será Presidente de Mobility Business Solutions.
Ambos ejecutivos dependerán de Bill Eager, recientemente nombrado Presidente de S&P Global Mobility y CEO designado de la futura compañía independiente. Se espera que la separación del negocio Mobility se complete en un plazo de 12 a 18 meses, sujeta a las aprobaciones regulatorias y a la autorización del Consejo.
S&P Global (NYSE: SPGI)는 자회사인 Mobility 부문을 독립 상장 회사로 분사할 준비의 일환으로 핵심 임원 인사를 발표했습니다. Scott Fredericks 전 CARFAX COO가 CARFAX 사장으로, Joe Lafeir 전 Automotive Insights 사장이 Mobility Business Solutions 사장으로 임명되었습니다.
두 임원은 최근 S&P Global Mobility 사장 겸 향후 독립법인의 CEO 지명자인 Bill Eager에게 보고할 예정입니다. Mobility 사업의 분사는 규제 승인과 이사회 승인에 따라 12~18개월 이내에 완료될 것으로 예상됩니다.
S&P Global (NYSE: SPGI) a annoncé des nominations clés au sein de sa division Mobility en préparation de la scission prévue en une société cotée indépendante. Scott Fredericks, ancien COO de CARFAX, a été nommé président de CARFAX, tandis que Joe Lafeir, ancien président d'Automotive Insights, sera président de Mobility Business Solutions.
Les deux dirigeants relèveront de Bill Eager, récemment nommé président de S&P Global Mobility et PDG désigné de la future société indépendante. La scission de l'activité Mobility devrait s'achever dans un délai de 12 à 18 mois, sous réserve des approbations réglementaires et de l'autorisation du conseil d'administration.
S&P Global (NYSE: SPGI) hat wichtige Führungspositionen in seiner Mobility-Sparte bekannt gegeben, da die Sparte in ein eigenständiges börsennotiertes Unternehmen ausgegliedert werden soll. Scott Fredericks, ehemaliger COO von CARFAX, wurde zum Präsidenten von CARFAX ernannt, während Joe Lafeir, ehemaliger Präsident von Automotive Insights, die Rolle des Präsidenten von Mobility Business Solutions übernimmt.
Beide Führungskräfte berichten an Bill Eager, der kürzlich zum Präsidenten von S&P Global Mobility und zum designierten CEO des zukünftigen unabhängigen Unternehmens ernannt wurde. Die Abspaltung des Mobility-Geschäfts soll innerhalb von 12 bis 18 Monaten abgeschlossen sein, vorbehaltlich behördlicher Genehmigungen und der Zustimmung des Vorstands.
- Strategic leadership appointments strengthen the management team ahead of planned separation
- Internal promotions demonstrate strong succession planning and institutional knowledge retention
- Creation of dedicated B2B business line under Mobility Business Solutions shows strategic focus
- Separation process could take up to 18 months, creating potential uncertainty
- Additional leadership appointments still pending
Insights
S&P Global's mobility division spinoff advances with strategic leadership appointments, signaling commitment to the previously announced separation timeline.
S&P Global has made strategic leadership appointments to position its Mobility division for its planned separation into a standalone public company. Scott Fredericks has been promoted from COO to President of CARFAX, while Joe Lafeir moves from President of Automotive Insights to President of Mobility Business Solutions, where he'll oversee the B2B business line including Automotive Insights and automotiveMastermind.
These appointments represent a critical implementation step in S&P Global's previously announced spinoff strategy. Both executives will report to Bill Eager, who was recently appointed President of S&P Global Mobility and is designated to become CEO of the separated entity.
The company has reaffirmed its timeline, expecting to complete the separation within 12 to 18 months from the original announcement, pending regulatory approvals and Board authorization. This internal promotion strategy suggests continuity of operational knowledge during the transition, which typically reduces execution risk during corporate separations.
The planned spinoff reflects S&P Global's strategic shift toward core financial information and analytics services. By separating the Mobility business, which includes CARFAX's consumer-focused vehicle history reports and B2B automotive data services, S&P Global is likely pursuing a more focused corporate structure that could enhance value through allowing each entity to pursue distinct growth strategies with dedicated capital allocation approaches.
- Scott Fredericks Named President of CARFAX
- Joe Lafeir to Serve as President of Mobility Business Solutions
Scott Fredericks, current Chief Operating Officer of CARFAX, has been appointed President of CARFAX. He succeeds Bill Eager, who was recently appointed President of S&P Global Mobility and CEO designate upon completion of Mobility's planned separation from S&P Global into a standalone public company.
Joe Lafeir, current President of Automotive Insights, a business within Mobility, has been appointed President of Mobility Business Solutions. In this role, Mr. Lafeir will lead Mobility's new B2B business line, comprising Automotive Insights and automotiveMastermind.
Mr. Fredericks and Mr. Lafeir will both report to Mr. Eager.
"We are pleased to promote Scott and Joe to these important roles on the Mobility leadership team," said Bill Eager, President of S&P Global Mobility. "Both bring decades of experience and institutional knowledge of our businesses, and I am confident in their ability to continue driving growth and innovation across our trusted brands. Together with our dedicated employees, we look forward to continuing to serve customers' evolving needs across the vehicle lifecycle as we prepare for Mobility's next chapter."
S&P Global expects to complete the separation of the Mobility business within 12 to 18 months from the date of the separation announcement, subject to the satisfaction of customary legal and regulatory requirements and approvals, including final approval of the S&P Global Board of Directors and effectiveness of a Form 10 registration statement to be filed with the
Additional key leadership appointments will be announced in due course as the Company continues to shape the Mobility executive team for the next phase of growth.
About Scott Fredericks
Scott Fredericks is President of CARFAX, a business of S&P Global Mobility. He has nearly three decades of experience in the automotive information industry, notably having served as Chief Operating Officer at CARFAX since June 2022. He joined CARFAX as Vice President of Marketing, in 1997. Under his leadership, the team developed and launched CARFAX as a well-known and trusted consumer brand. Mr. Fredericks also led the launch of key products such as Used Car Listings and CARFAX Car Care that expanded the company's reach and growth. Earlier in his career, Mr. Fredericks served as a communications director for the
In addition, he served as Board Chair, Board member and Executive Committee member of the Habitat for Humanity of
Mr. Fredericks holds a B.A. in government & politics from the University of
About Joe Lafeir
Joe Lafeir is President of Mobility Business Solutions, comprising Automotive Insights and automotiveMastermind. He brings more than 20 years of leadership experience across automotive information brands, including the past nine years as President of Automotive Insights. Under his leadership at Automotive Insights, he successfully strengthened the business's leadership position by expanding offerings that address the most pressing needs of the automotive industry, from the transition to electrification and advancements in technology to vehicle pricing and consumer marketing. Earlier in his career, he served in management roles across product development and technology at R.L. Polk, where he served as CIO. He began his career at Ernst & Young and Capgemini where he spent 12 years in their management consulting practice.
He currently serves on the Board of GreenPath, a national financial wellness nonprofit, and LifeLab Kids, a nonprofit serving special needs children in southeast
Mr. Lafeir holds a B.S. in computer science from Bowling Green State University.
Media Contacts:
Farhan Husain
S&P Global
Farhan.husain@spglobal.com
About S&P Global
S&P Global (NYSE: SPGI) provides Essential Intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges and Accelerate Progress for the world.
We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.
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SOURCE S&P Global
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