secwatch.observer — SEC 8-K summary
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Issuer:     FACTSET RESEARCH SYSTEMS INC (FDS)
CIK:        0001013237
Form:       8-K
Filed at:   2025-06-03T23:59:59+00:00
Accession:  0001104659-25-055713
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FactSet appoints Sanoke Viswanathan as CEO; Phil Snow retires after 10 years as CEO
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- Phil Snow to retire as CEO and director effective early Sept 2025; will serve as senior advisor through late 2025.
- Sanoke Viswanathan, former JPMorgan CEO of International Consumer and Wealth, appointed as new CEO effective Sept 2025.
- Viswanathan employment: $1M base salary, 200% target bonus, $22M FY2026 option award with 150% VWAP hurdle, plus make-whole awards.
- Snow's 10-year CEO tenure: FactSet more than doubled revenue, delivered double-digit EPS growth and total shareholder return.
- Succession planned; Snow's departure not due to any disagreement with company operations or policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013237/000110465925055713/0001104659-25-055713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013237/000110465925055713/tm2516664d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-055713

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