FactSet appoints Kendra Brown Head of Investor Relations

Rhea-AI Summary

FactSet announced the resignation of Rima Hyder, Senior Vice President of Investor and Media Relations, effective December 10, 2021. She is succeeded by Kendra Brown, who brings over 20 years of experience at FactSet and has served as Chief of Staff to the CEO. Hyder has been credited with establishing a global investor relations program and expanding the investor base during her tenure. The leadership change is expected to enhance FactSet's communication strategies with the investment community.

Positive

• Kendra Brown's extensive experience at FactSet positions her well to enhance investor relations.
• Hyder's tenure saw growth in the investor base and effective media relations, adding to shareholder value.

Negative

• Rima Hyder's departure may raise concerns about continuity in investor relations leadership.

Rima Hyder, Head of Investor and Media Relations, to depart December 10, 2021

NORWALK, Conn., Nov. 15, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced today that it has appointed Kendra Brown Senior Vice President, Investor Relations. She will replace Rima Hyder, Senior Vice President, Investor and Media Relations. Hyder has resigned from FactSet to pursue other opportunities, effective December 10, 2021.

“I want to thank Rima for her contributions to FactSet,” said Linda Huber, Chief Financial Officer, FactSet. “During her tenure, she established a global investor relations program, grew our investor base, expanded our sell-side coverage, and implemented an effective media relations strategy, contributing greatly to FactSet’s valuation and success. I look forward to working with Kendra to build on the strong foundation Rima helped to create and wish Rima great success in her next role.”

“It’s been an honor to work with FactSet’s leadership team, and I am proud of everything we have accomplished during my time here,” said Rima Hyder, Senior Vice President, Investor and Media Relations, FactSet. “We grew our global investor and media audiences, raised awareness of FactSet’s compelling investment story, and generated meaningful shareholder value. I am grateful for everyone I have had the opportunity to work with across FactSet’s investor and media community, and I look forward to watching the continued success of the company.”

Kendra Brown is currently Senior Vice President and Chief of Staff to the CEO at FactSet. In this role, she oversees strategic business initiatives, drives internal procedural and process improvement, and facilitates internal and external executive engagement. Prior to this role, she was Director of Product Development within FactSet’s Research & Advisory workflow solutions business. Brown joined FactSet in 1999 and has over 20 years of product development experience, including a focus on financial applications and content, as well as market analysis.

“Kendra’s deep knowledge of FactSet, working side-by-side with our CEO, Phil Snow, and her industry expertise makes her the clear choice to step into this role,” continued Linda Huber. “I am confident that her extensive experience will be invaluable as we communicate our strategies and results to the investment community and other key stakeholders in the years ahead.”

Brown holds a B.S. in Economics from Georgia Institute of Technology. Following the effective date of Hyder’s resignation, she can be contacted at kbrown@factset.com for investor queries. All media inquiries should be directed to Jennifer Berlin at media_request@factset.com.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 160,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset.

FactSet
Media contact:
Jennifer Berlin
+1 617.330.4122
jennifer.berlin@factset.com

Media & Investor Relations contact:
Rima Hyder
+1 857.265.7523
rima.hyder@factset.com

FAQ

What prompted Rima Hyder's resignation from FactSet?

Rima Hyder resigned to pursue other opportunities, with her departure effective December 10, 2021.

Who will replace Rima Hyder as Head of Investor Relations at FactSet?

Kendra Brown has been appointed as Senior Vice President, Investor Relations, replacing Rima Hyder.

What impact could Kendra Brown's appointment have on FactSet?

Kendra Brown's appointment may strengthen investor relations due to her extensive experience and knowledge of the company.

What contributions did Rima Hyder make during her time at FactSet?

Hyder established a global investor relations program, expanded the investor base, and improved media relations, contributing to the company's valuation.