secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001013237-24-000089
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet CFO Linda Huber departs; Helen Shan appointed CFO effective July 23, 2024
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- Linda Huber stepped down as EVP, CFO effective July 22, 2024; serves as finance advisor through Dec 31, 2024 at $300k salary plus $384k FY24 bonus.
- Huber's departure not due to disagreement with accounting practices or financial disclosures per company statement.
- Helen Shan, previously EVP & Chief Revenue Officer, named CFO effective July 23, 2024; previously held CFO role 2018–2021.
- Shan to remain CRO through Aug 31, 2024 during transition; no related-party transactions disclosed.
- Separation Agreement includes 12-month non-compete and standard release provisions; Huber retains vested equity and benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000101323724000089/0001013237-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000101323724000089/fds-20240722.htm
  HTML page:      https://secwatch.observer/filing/0001013237-24-000089

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