Lee M. Shavel is Verisk’s chief executive officer (CEO), driving long-term sustainable value for shareholders, customers, and employees. He brings nearly 30 years of experience advising and leading publicly traded companies to Verisk—determining strategies and policies, overseeing financial performance, and furthering company culture.
Lee joined Verisk in 2017 as chief financial officer (CFO). As CFO, he modernized Verisk’s corporate financial operations, including treasury, investor relations, and procurement, and grew the company’s relationships with debt and equity investment communities, including buy-side institutional investors and sell-side research analysts. He implemented an enhanced capital discipline process for internal and external capital deployment, extending that philosophy to the company’s operating focus as CEO.
In 2021, Lee also became group president of the company’s energy and financial services groups. In that role, he integrated the business for improved strategic and operating coordination and accelerated investment in the company’s energy data analytics platform.
Before joining Verisk, 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, Americas head of Financial Institutions Investment Banking, and 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.
As CEO of Verisk, Lee’s been elected to the company’s board of directors and is on the executive committee. He also serves on the board of directors of FactSet Research Systems and chairs its audit committee. He previously served as a director and chair of the audit committee of Investment Technology Group and served on the board of NJ SEEDS, an educational nonprofit.