Lee M. Shavel is Verisk’s chief financial officer, driving the company’s financial strategy and ensuring that Verisk has a firm foundation for strategic growth and intelligent risk-taking. He guides the company’s capital management philosophy, focusing on creating long-term value and investing in the highest return opportunities.
Lee is responsible for Verisk’s corporate financial functions, including treasury, investor relations, and capital structure. He leads the company’s relationships with debt and equity investment communities, including buy-side institutional investors and sell-side research analysts. He also works closely with Verisk businesses to develop strategic plans, acquisition strategies, and financial performance objectives.
Before joining Verisk in 2017, Lee was Nasdaq, Inc.’s executive vice president and chief financial officer from 2011 to 2016. From 1993 to 2011, he served as managing director and Americas head of Financial Institutions Investment Banking, and in other roles at Bank of America Merrill Lynch.
Lee holds a BA in English from the University of Pennsylvania and a BS in economics from the Wharton School.
Lee currently serves on the board of directors of FactSet Research Systems and chairs the audit committee. He also serves on the board of NJ SEEDS, an educational nonprofit. He previously served as a director and chair of the audit committee of Investment Technology Group.