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FactSet Appoints Helen Shan as Chief Financial Officer

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FactSet (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform provider, has announced significant leadership changes. Helen Shan, currently Executive VP and Chief Revenue Officer, has been appointed Chief Financial Officer, effective immediately. Shan, who previously served as CFO from 2018 to 2021, succeeds Linda Huber. During her previous CFO tenure, Shan executed successful financial strategies, expanded FactSet's solutions, and drove increased margins and earnings.

Goran Skoko, currently Executive VP, Managing Director of EMEA and Asia Pacific, will become the new Chief Revenue Officer, effective September 1, 2024. Skoko brings two decades of sales, product, and engineering experience at FactSet. The company has reaffirmed its full-year fiscal 2024 guidance, as previously provided on June 21, 2024.

FactSet (NYSE:FDS) (NASDAQ:FDS), fornitore globale di piattaforme digitali finanziarie, ha annunciato cambiamenti significativi nella leadership. Helen Shan, attualmente Vicepresidente Esecutivo e Direttore Commerciale, è stata nominata Direttore Finanziario, con effetto immediato. Shan, che in precedenza ha ricoperto il ruolo di CFO dal 2018 al 2021, succede a Linda Huber. Durante il suo precedente incarico come CFO, Shan ha attuato strategie finanziarie di successo, ampliato le soluzioni di FactSet e aumentato i margini e i guadagni.

Goran Skoko, attualmente Vicepresidente Esecutivo e Direttore Generale di EMEA e Asia Pacifico, diventerà il nuovo Direttore Commerciale, con effetto dal 1° settembre 2024. Skoko porta con sé due decenni di esperienza in vendite, prodotto e ingegneria in FactSet. L'azienda ha confermato le sue previsioni per l'intero anno fiscale 2024, come già comunicato il 21 giugno 2024.

FactSet (NYSE:FDS) (NASDAQ:FDS), un proveedor global de plataformas digitales financieras, ha anunciado cambios significativos en su liderazgo. Helen Shan, actualmente Vicepresidenta Ejecutiva y Directora de Ingresos, ha sido nombrada Directora Financiera, con efecto inmediato. Shan, que anteriormente se desempeñó como CFO de 2018 a 2021, sustituye a Linda Huber. Durante su anterior mandato como CFO, Shan ejecutó estrategias financieras exitosas, amplió las soluciones de FactSet y impulsó el aumento de márgenes y ganancias.

Goran Skoko, actualmente Vicepresidente Ejecutivo y Director General de EMEA y Asia Pacífico, se convertirá en el nuevo Director de Ingresos, a partir del 1 de septiembre de 2024. Skoko aporta dos décadas de experiencia en ventas, productos e ingeniería en FactSet. La compañía ha reafirmado su guía para todo el año fiscal 2024, como se indicó anteriormente el 21 de junio de 2024.

FactSet (NYSE:FDS) (NASDAQ:FDS), 글로벌 금융 디지털 플랫폼 제공업체는 중요한 리더십 변화를 발표했습니다. 헬렌 샨, 현재 Executive VP이자 수익 책임자는 즉시 발효되는 최고 재무 책임자로 임명되었습니다. 샨은 2018년부터 2021년까지 CFO로 재직했으며, 린다 후버를 계승합니다. 이전 CFO 재직 중, 샨은 성공적인 재무 전략을 실행하고 FactSet의 솔루션을 확장하였으며, 마진과 수익 증가를 이끌어냈습니다.

고란 스코코, 현재 Executive VP이자 EMEA 및 아시아 태평양의 총괄 이사는 2024년 9월 1일부터 새로운 수익 책임자가 됩니다. 스코코는 FactSet에서 판매, 제품 및 엔지니어링 분야에서 20년의 경험을 가지고 있습니다. 회사는 2024 회계연도 전체에 대한 가이드를 2024년 6월 21일에 제공한 내용대로 재확인했습니다.

FactSet (NYSE:FDS) (NASDAQ:FDS), un fournisseur mondial de plateformes numériques financières, a annoncé d'importants changements de leadership. Helen Shan, actuellement Vice-Présidente Exécutive et Directrice des Revenus, a été nommée Directrice Financière, avec effet immédiat. Shan, qui a précédemment été CFO de 2018 à 2021, succède à Linda Huber. Au cours de son mandat précédent en tant que CFO, Shan a mis en œuvre des stratégies financières réussies, élargi les solutions de FactSet et augmenté les marges et les bénéfices.

Goran Skoko, actuellement Vice-Président Exécutif et Directeur Général pour la région EMEA et l'Asie-Pacifique, deviendra le nouveau Directeur des Revenus, à compter du 1er septembre 2024. Skoko apporte deux décennies d'expérience en vente, produit et ingénierie chez FactSet. L'entreprise a confirmé ses prévisions pour l'exercice fiscal 2024, comme indiqué précédemment le 21 juin 2024.

FactSet (NYSE:FDS) (NASDAQ:FDS), ein globaler Anbieter digitaler Finanzplattformen, hat bedeutende Veränderungen in der Unternehmensführung angekündigt. Helen Shan, derzeit Executive VP und Chief Revenue Officer, wurde mit sofortiger Wirkung zur Chief Financial Officer ernannt. Shan, die zuvor von 2018 bis 2021 als CFO tätig war, folgt auf Linda Huber. Während ihrer vorherigen Amtszeit als CFO hat Shan erfolgreiche Finanzstrategien umgesetzt, die Lösungen von FactSet erweitert und die Margen sowie die Erträge gesteigert.

Goran Skoko, derzeit Executive VP und Geschäftsführer für EMEA und den asiatisch-pazifischen Raum, wird ab dem 1. September 2024 der neue Chief Revenue Officer sein. Skoko bringt zwei Jahrzehnte Erfahrung in Vertrieb, Produkt und Engineering bei FactSet mit. Das Unternehmen hat die Prognose für das gesamte Geschäftsjahr 2024, wie bereits am 21. Juni 2024 mitgeteilt, bekräftigt.

Positive
  • Helen Shan's appointment as CFO brings extensive financial leadership experience and business expertise
  • Goran Skoko's promotion to Chief Revenue Officer leverages his two decades of experience at FactSet
  • Company reaffirmed its full-year fiscal 2024 guidance, indicating stability in financial outlook
Negative
  • Departure of current CFO Linda Huber, potentially causing short-term transition challenges

Current FactSet Executive Goran Skoko to Take on Role of Chief Revenue Officer

Company Reaffirms Full-Year Fiscal 2024 Guidance

NORWALK, Conn., July 23, 2024 (GLOBE NEWSWIRE) -- FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise solutions provider, today announced that Helen Shan, a seasoned FactSet executive who currently serves as Executive Vice President and Chief Revenue Officer, has been appointed Chief Financial Officer, effective immediately. Shan succeeds Linda Huber, who is transitioning out of the Company.

Shan brings extensive financial leadership experience and business expertise within FactSet, and is rotating back into the CFO role, which she previously held from 2018 to 2021 before being appointed Executive Vice President and Chief Revenue Officer. As CFO, she executed a successful financial strategy, which included investments in digital and content capabilities that expanded FactSet’s solutions and accelerated revenue growth. She advanced the Company’s financial processes and infrastructure, including disciplined value-based pricing and the transformation of financial systems, helping to drive increased margins and earnings. In her role as Chief Revenue Officer, Shan aligned and enhanced FactSet’s go-to-market execution, deepened senior client relationships and oversaw over $300 million of organic growth in annual subscription value.

“Helen has been an integral member of our executive team for the past six years, helping position FactSet as the leader we are today,” said Philip Snow, Chief Executive Officer of FactSet. “She has played a pivotal role in overseeing our multiyear investment plan and growing our market share through many cycles. As we look to our next phase of profitable growth, I am confident that Helen’s broad financial and strategic expertise, combined with her recent sales leadership experience, will be invaluable as we work to deliver long-term value to our shareholders.”

Shan said, “I believe in the significant value FactSet provides to financial decisionmakers. Our clients want tangible and flexible workflow solutions. Thanks to the investments we’ve made in technology, content and our infrastructure, we are delivering high-quality data and analytics in a connected and open platform. The way we win is by aligning strategy and execution across the organization to drive top-line growth. I look forward to further leveraging my diverse experience to drive increased value for our clients, shareholders and colleagues.”

Goran Skoko, Executive Vice President, Managing Director, EMEA and Asia Pacific and Head of Dealmakers and Wealth at FactSet, will take over as Chief Revenue Officer, effective September 1, 2024. Drawing on his two decades of sales, product, and engineering experience at FactSet, Skoko is a natural fit to lead FactSet’s sales organization. He has achieved success in building the Company’s Wealth Management business, expanding market share, and forging strong and extensive global client relationships, as well as leading some of FactSet’s largest sales efforts.

Snow continued, “We are fortunate to have a deep bench of talent at the Company. I am confident Goran and Helen’s cross-functional strengths and leadership will continue enhancing our go-to-market strategy to deliver positive results. Given their deep expertise and proven partnership within FactSet, we expect a seamless transition to these new roles.”

Snow concluded, “Linda has had a material impact during her three-year tenure at FactSet. She established FactSet’s first public bond deal and debt rating, which enabled us to finance the acquisition of CUSIP, and continued to advance our capital allocation and expense management discipline. On behalf of our entire team, I want to thank Linda for her contributions as CFO, and we wish her all the best in her future endeavors.”

Huber’s departure is not the result of any disagreement with the Company regarding its accounting practices, financial statements or financial condition, or any of the Company's related disclosures.

FactSet today reaffirmed its full year fiscal 2024 guidance, as previously provided on June 21, 2024.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to nearly 8,000 global clients, including over 206,000 individual users. Clients across the buy-side and sell-side as well as wealth managers, private equity firms, and corporations, achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized amongst the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees’ Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn.

Forward-looking Statements

This news release contains forward-looking statements based on management's current expectations, estimates, forecasts and projections about industries in which FactSet operates and the beliefs and assumptions of management. All statements that address expectations, guidance, outlook or projections about the future, including statements about the Company's strategy for growth, product development, revenues, future financial results, anticipated growth, market position, subscriptions, expected expenditures, trends in FactSet’s business and financial results, are forward-looking statements. Forward-looking statements may be identified by words like "expects," "believes," "anticipates," "plans," "intends," "estimates," "projects," "should," "indicates," "continues," "may" and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in FactSet's filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K and quarterly reports on Form 10-Q, as well as others, could cause results to differ materially from those stated. Forward-looking statements speak only as of the date they are made, and FactSet assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

FactSet

Investor Relations Contact:
Ali van Nes
+1.203.810.2273
avannes@factset.com
investor_relations@factset.com

Media Contact

Arielle Sweitzer
+1.203.512.2194
arielle.sweitzer@factset.com


FAQ

Who is the new CFO of FactSet (FDS)?

Helen Shan has been appointed as the new Chief Financial Officer of FactSet (FDS), effective immediately. She previously served as FactSet's CFO from 2018 to 2021 and was most recently the company's Executive Vice President and Chief Revenue Officer.

When will Goran Skoko become FactSet's (FDS) Chief Revenue Officer?

Goran Skoko will take over as FactSet's (FDS) Chief Revenue Officer effective September 1, 2024. He is currently the Executive Vice President, Managing Director of EMEA and Asia Pacific, and Head of Dealmakers and Wealth at FactSet.

Has FactSet (FDS) changed its fiscal 2024 guidance?

No, FactSet (FDS) has reaffirmed its full-year fiscal 2024 guidance as previously provided on June 21, 2024. The company has not made any changes to its financial outlook despite the leadership changes.

Why is Linda Huber leaving FactSet (FDS)?

The press release does not specify the reason for Linda Huber's departure from FactSet (FDS). However, it states that her departure is not the result of any disagreement with the company regarding its accounting practices, financial statements, or related disclosures.

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