UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 19, 2021
(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (203 ) 810-1000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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Securities registered pursuant to Section 12(b) of the Act:
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Item 8.01 Other Events
On July 19, 2021, FactSet Research Systems Inc. ("FactSet" or the "Company") issued a press release announcing that Kristina W. Karnovsky, Senior Vice President, Head of Research Solutions of FactSet, assumed the new role of Executive Vice President, Chief Product Officer of the Company effective July 19, 2021. A copy of this press release is included as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description | |||||||
| Press Release of FactSet Research Systems Inc. issued on July 19, 2021 | ||||||||
| 104 | Cover page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
FACTSET RESEARCH SYSTEMS INC. (Registrant) | |||||||||||||||||
| July 19, 2021 | By: | /s/ HELEN L. SHAN | |||||||||||||||
| Helen L. Shan Executive Vice President, Chief Financial Officer and Chief Revenue Officer (Principal Financial Officer) | |||||||||||||||||
Exhibit 99.1
FactSet Appoints Kristina Karnovsky as Executive Vice President, Chief Product Officer
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 – 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
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