secwatch.observer — SEC 8-K summary
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Issuer:     FAIR ISAAC CORP (FICO)
CIK:        0000814547
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001193125-23-004827
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FICO announces CFO transition; reiterates FY2023 guidance with Siron adjustment
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- Michael McLaughlin resigns as CFO effective Jan 13, 2023 to pursue another opportunity.
- Steve Weber appointed interim CFO; he has nearly 20 years at FICO in finance leadership roles.
- FY2023 guidance reiterated: revenues $1.463B, GAAP net income $401M, GAAP EPS $16.00.
- Guidance adjusted for $12M revenue reduction from Siron compliance solutions transition.
- Company will retain executive search firm to recruit a permanent CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814547/000119312523004827/0001193125-23-004827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814547/000119312523004827/d313877d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-004827

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