FactSet Appoints Kristina Karnovsky as Executive Vice President, Chief Product Officer

Rhea-AI Summary

FactSet announced the appointment of Kristina Karnovsky as Executive Vice President and Chief Product Officer, effective July 19, 2021. Reporting to CEO Phil Snow, Karnovsky will enhance the product portfolio and accelerate the go-to-market strategy utilizing her two decades of experience at FactSet. Previously, she was Senior Vice President, managing Research Solutions. Her role aims to strengthen client engagement and deliver innovative products, reaffirming FactSet's commitment to its digital strategy and client success.

Positive

• Karnovsky's appointment is expected to strengthen the product portfolio and client engagement.
• Her extensive experience at FactSet may lead to accelerated innovation in product offerings.

Negative

• There may be concerns about continuity as leadership changes occur.

Karnovsky Brings Two Decades of Experience in Leadership Roles at FactSet; Most Recently, Served as Senior Vice President, Head of Research Solutions

NORWALK, Conn., July 19, 2021 (GLOBE NEWSWIRE) -- FactSet (NYSE: FDS) (NASDAQ: FDS), today announced that Kristina Karnovsky has been appointed to the role of Executive Vice President, Chief Product Officer (CPO), effective July 19, 2021. In this role, she will report directly to Chief Executive Officer (CEO) Phil Snow.

As CPO, Karnovsky will work across the entire product portfolio to deliver a differentiated advantage for clients. Building on her extensive experience spanning 20 years at FactSet, Karnovsky will leverage her understanding of clients’ needs across FactSet’s sales regions and firm types while expediting the go-to-market product strategy.

“As we build the leading open content and analytics platform, our goal is to transform the way our users discover, decide, and act on opportunities using our digital solutions, and purposefully increasing our pace and speed to market by streamlining how we work,” said Phil Snow, CEO, FactSet. “Kristy’s appointment is a further commitment to investing in our products, so we are better equipped to help clients drive greater impact for their organizations. We look forward to leveraging Kristy’s strong leadership and track record of execution.”

“During my career at FactSet, we have grown into a large global organization dedicated to delivering personalized experiences to our clients with differentiated products,” said Karnovsky. “I am excited to lead these efforts as we focus on evolving and innovating our product portfolio to support our clients’ success.”

Karnovsky has two decades of experience in various leadership roles at FactSet. Most recently, she served as Senior Vice President, Head of Research Solutions, FactSet’s largest business. In this role, she led the global strategy, product development, engineering, and quality assurance of FactSet’s core workstation applications and Research Management Solutions (RMS) suite, delivering key products to the Company’s largest clients - banks and asset managers.

In connection with the appointment of Karnovsky to CPO, Goran Skoko, EVP, Managing Director EMEA and APAC, and Head of Wealth Solutions, will lead both the Research and Wealth businesses.

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 155,000 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

Who is Kristina Karnovsky and what is her new role at FactSet?

Kristina Karnovsky has been appointed as Executive Vice President and Chief Product Officer at FactSet, effective July 19, 2021.

What are Kristina Karnovsky's past roles in FactSet?

Previously, Karnovsky served as Senior Vice President, Head of Research Solutions, leading FactSet's largest business segment.

What are the expected impacts of Karnovsky's appointment on FactSet's strategy?

Her appointment is expected to enhance FactSet's product portfolio and accelerate market strategy, focusing on client success.

Who will lead the Research and Wealth businesses following Karnovsky's promotion?

Goran Skoko will take charge of both the Research and Wealth businesses at FactSet.