Lee M. Shavel is executive vice president and chief financial officer of Verisk. He joined the company in 2017 and is responsible for Verisk’s corporate financial functions, including accounting, financial processes and systems, financial planning and analysis, and tax reporting. He oversees Verisk’s financial strategy, including the company’s treasury functions, investor relations, and capital structure.
Mr. Shavel also works closely with Verisk businesses to develop strategic plans, acquisition strategies, and financial performance objectives. He leads Verisk’s relationships with the debt and equity investment communities, including both buy-side institutional investors and sell-side research analysts.
Before joining Verisk, Mr. Shavel most recently served as executive vice president and chief financial officer of Nasdaq, Inc., from 2011 to 2016. Before that, he served as managing director and Americas head of Financial Institutions Investment Banking and in other capacities at Bank of America Merrill Lynch from 1993 to 2011. Since 2016, he has served as a board director and chairman of the Audit Committee of Investment Technology Group, Inc.
Mr. Shavel graduated with honors from the University of Pennsylvania, with a B.A. in English and a B.S. in economics from the Wharton School of Finance.