8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 6, 2011 (June 6, 2011)

Information Services Group, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-33287	20-5261587
(State or other jurisdiction of	(Commission File Number)	(I.R.S. Employer
incorporation)		Identification No.)

Two Stamford Plaza

281 Tresser Boulevard

Stamford, CT 06901

(Address of principal executive offices)

(203) 517-3100

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2 below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

(d)           On June 6, 2011, Neil Budnick was named to the Board of Directors of Information Services Group, Inc. (“ISG”) as a Class I director with a term expiring at the annual meeting in 2014.  In addition, Mr. Budnick has been appointed Chairman of the Audit Committee and a member of the Compensation Committee and Nominating and Corporate Governance Committee effective immediately.  On June 6, 2011, pursuant to the Amended and Restated 2007 Equity Incentive Plan, Mr. Budnick received a grant of 55,000 restricted stock units of ISG common stock.  The restricted stock units shall become vested in three equal installments on each of the first, second and third anniversaries of June 6, 2011 (or earlier in the event of a change of control of ISG or such director’s death or disability).

A press release announcing the election of Mr. Budnick was issued on June 6, 2011, a copy of which is filed as Exhibit 99.1 hereto and is incorporated herein in its entirety.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d)           Exhibit.

99.1         Press Release dated June 6, 2011

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 6, 2011	INFORMATION SERVICES GROUP, INC.
	By:	/s/ Michael P. Connors
		Michael P. Connors
		Chairman and Chief Executive Officer

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EX-99.1

Exhibit 99.1

Press Contact:

Barry Holt

203-517-3110

bholt@informationsg.com

Investor Contact:

David Berger

203-517-3104

dberger@informationsg.com

INFORMATION SERVICES GROUP

ELECTS NEIL BUDNICK TO BOARD OF DIRECTORS

Accomplished finance executive brings

global audit and growth strategy experience

Will chair ISG Audit Committee

STAMFORD, Conn., June 6, 2011 — Information Services Group, Inc. (ISG) (NASDAQ: III), a leading technology insights, market intelligence and advisory services company, announced today that Neil G. Budnick, former President of MBIA and a senior executive from the financial services industry with extensive corporate and public audit/finance experience, has been named to the ISG Board of Directors and Chair of the Audit Committee.

Mr. Budnick currently is Managing Director at Channel Rock Partners, a management consulting firm that provides business strategy and opportunity analysis, operations improvement and risk management support for corporations.

He was previously President of MBIA Insurance Corporation, a major financial services company, until April, 2007. During his 23 years at MBIA, Mr. Budnick held increasingly important positions at the company including: Vice Chairman, Chief Financial Officer; President, Public and Corporate Finance Division; and Senior Vice President, Head of Municipal and Structure Finance.

Mr. Budnick was also Vice President of the Public Finance Department of Standard & Poor’s Corporation earlier in his career. He is a Board Member and Chair of the Audit Committee of RHR International, a C-Suite management firm that specializes in executive development.

“I’d like to welcome Neil Budnick to the ISG Board of Directors,” said Michael P. Connors, Chairman and Chief Executive Officer of ISG. “Neil brings strong experience in both public and corporate finance as well as expertise in audit, P& L management, risk assessment, performance optimization and corporate governance. He has a history of important accomplishments in the C-Suite and with high profile businesses. The Board and I look forward to working with Neil.”

Mr. Budnick holds a B.A. in Political Science from Boston College and an M.P.A in Public Administration from the University of Colorado. He earned the Alexander Hamilton Award for Excellence in Treasury Management in 2001; is a Past chairman of the Association of Financial Guaranty Insurers and was on the Board of Trustees of the Eisenhower Fellowships.

The appointment is effective immediately. Mr. Budnick replaces Robert J. Chrenc after his untimely death in February.  ISG’s board remains at six members, five of whom are independent directors. The other members of ISG’s Board of Directors are: Mr. Connors, Gerald S. Hobbs, Kalpana Raina, Donald C. Waite III and Robert E. Weissman.  For more information about the Board and to view detailed member biographies, visit http://www.informationsg.com/governance.html.

About Information Services Group, Inc.

Information Services Group (ISG), founded in 2006, is a leading technology insights, market intelligence and advisory services company. ISG has three go-to-market brands: TPI, the leading independent data and sourcing advisory firm in the world; Compass, the premier independent global provider of business and information technology benchmarking, performance improvement, data and analytics services; and STA Consulting, a premier independent information technology advisor serving the public sector. The company has nearly 700 professionals and operates in 21 countries. Based in Stamford, Conn., ISG has a proven leadership team with global experience in information-based services and a track record of creating significant value for shareowners, clients and employees. For more, visit www.informationsg.com.