Factset (NYSE: FDS | NASDAQ: FDS) recently announced a change in leadership, with Sanoke Viswanathan set to take over as Chief Executive Officer from Phil Snow, effective early September 2025. This transition comes after Snow's impressive 30-year career with Factset, including 10 years as CEO.
Under Snow's leadership over the last decade, Factset has more than doubled its revenue and delivered annualized double-digit EPS growth and total shareholder return. This period of sustained growth has positioned Factset for its next era, and Snow will retire as CEO and a member of the board at that time, although he will serve as a senior advisor up to the end of the calendar year to support the transition.
Sanoke Viswanathan, a 15-year veteran of JPMorgan Chase, is expected to bring an innovative and strategic vision to Factset. His recent role as CEO of International Consumer and Wealth at JPMorgan, as well as his prior experience as Chief Strategy and Growth Officer and Chief Administrative Officer of the Corporate and Investment Bank, has prepared him to lead Factset into the future.
Viswanathan's expertise in international wealth management services is seen as complementing the success Factset has achieved in this area of financial services. Moreover, his background in AI, research, and analytics, along with a unique understanding of Factset's customer base, are expected to align with the company's strategy.
Factset's success in recent years has been attributed to its role as a leading data and workflow solutions provider, offering enterprise data and information solutions that power its clients to maximize their potential. The company serves more than 8,600 global clients and nearly 220,000 individual users, leveraging advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making.
As Factset prepares for this leadership transition, it looks to continue delivering new products and services to drive sustainable growth while ensuring a seamless transition from Snow to Viswanathan. Today the company's shares have moved -0.37% to a price of $456.56. If you want to know more, read the company's complete 8-K report here.