Fitch Ratings
Credit rating agency with dual headquarters in New York and London, part of Fitch Group, which Hearst has wholly owned since 2018. The group also includes Fitch Solutions and Fitch Learning.
Industry: Credit ratings, research and data | Location: New York, United States | Founded: 1913
About Fitch Ratings
Fitch Ratings is a credit rating agency and part of Fitch Group, which also includes Fitch Solutions, a data and analytics provider, and Fitch Learning, which offers financial education. Fitch Group has dual headquarters in New York and London. Its website states that it employs more than 5,000 people in 31 countries, including nearly 1,700 analysts who cover over 190 countries.
Fitch Publishing Company launched in New York in 1913, and Wikipedia credits John Knowles Fitch as its founder. Fitch introduced the letter-grade rating scale in 1924 and was among the first firms granted nationally recognised statistical rating organisation status by the US Securities and Exchange Commission in 1975. It merged with London-based IBCA in 1997 and with Duff & Phelps Credit Rating Co. in 2000. Hearst first invested in 2006 and bought the remaining 20 percent in 2018, making Fitch a wholly owned Hearst business. Paul Taylor, based in London, has been President and Chief Executive Officer of Fitch Group since April 2012.
Fitch Solutions launched in 2008 and Fitch Learning was formed in 2013 with the purchase of 7city Learning. Ian Linnell has been President of Fitch Ratings since February 2017, and Rachel Lojko was appointed President of Fitch Solutions in July 2025.
Later acquisitions include CreditSights in 2021, GeoQuant in 2022, and dv01 and Bixby in 2023. Fitch Learning agreed in August 2025 to buy Moody's Analytics Learning Solutions and the Canadian Securities Institute, and a December 2025 release announced completion. Amazon Web Services announced a multi-year strategic collaboration with Fitch Group in March 2025. In November 2024 the group announced approval of a regional headquarters licence from the Ministry of Investment of Saudi Arabia, and in February 2026 it announced a new Tokyo office location.
Fitch Group announced an agreement to acquire Trepp on 30 April 2026. TechScoop reported in June 2026 that Fitch put Saudi assets under management above 340 billion dollars at the end of the first quarter, up 17 percent year on year, and expected them to pass 400 billion dollars by 2027.
Leadership
- Paul Taylor, President and Chief Executive Officer, Fitch Group
- Ian Linnell, President, Fitch Ratings
- Rachel Lojko, President, Fitch Solutions
- Tracey Perini, Chief Financial Officer, Fitch Group
- Bruce Legorburu, Chief Legal Officer and General Counsel, Fitch Group
- Andrew Collyer, Chief Information Officer, Fitch Group
- Andy Jackson, Chief Human Resources Officer, Fitch Group