F. Philip Snow
About
F. Philip Snow, aged 60, is a seasoned executive known for his strategic vision and extensive experience in the financial information services sector.
He has built his credentials on a diverse educational background, having earned a Bachelor of Arts in Chemistry from the University of California at Berkeley and a Master of International Management from the Thunderbird School of Global Management.
Starting his career at FactSet in 1996 as a Consultant, he quickly gained experience in global markets, working in the Tokyo and Sydney offices, before taking key sales leadership roles in the U.S..
Over time, his responsibilities increased significantly; he was promoted to Senior Vice President, Director of U.S. Investment Management Sales in 2013, then served as President in 2014, and ultimately was named Chief Executive Officer on July 1, 2015.
$FDS Performance Under F. Philip Snow
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| FactSet Research Systems Inc. | President | July 1, 2014 - July 1, 2015 | Held as President prior to his appointment as CEO |
| FactSet Research Systems Inc. | Senior Vice President, Director of U.S. Investment Management Sales | 2013 | Assumed this role before becoming President |
| FactSet Research Systems Inc. | Sales Leadership Roles | Post-2000 | Held various sales leadership roles in the U.S. |
| FactSet Research Systems Inc. | Roles in Asia Pacific | Not Specified | Held positions in the Tokyo and Sydney offices |
| FactSet Research Systems Inc. | Consultant | Starting 1996 | Began his career at FactSet as a Consultant |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $775,000 | Annual | 3.3% increase from 2023 salary |
| All Other Compensation | $13,163 | Annual | Company Contributions to Defined Contribution Plans |
Performance Compensation
Annual Incentive Opportunity
| Metric/Component | Target | Actual | Weighting Details | Vesting / Payment Details | Notes |
|---|---|---|---|---|---|
| Annual Incentive Award | $1,162,500 | $798,146 | Company-wide: ASV plus Professional Services Growth (2/3), Adjusted Operating Margin (1/3); Individual: 20% | Cash-based; No vesting required | Actual payout is 68.7% of target; specific numeric thresholds/targets are not provided |
Long-Term Incentive Opportunity
| Component | Details | Vesting Schedule | Performance Metrics & Evaluation Period | Additional Details |
|---|---|---|---|---|
| Stock Options (50% of award) | Service-based stock options; Grant Date: Nov 1, 2023 ; Exercise Price: $436.57 per share | 20% per year over 5 years | Not applicable | Fair value not provided |
| PSUs (50% of award) | Performance-based award in the form of Performance Share Units; Grant Date: Nov 1, 2023 | Vesting based on performance levels: Threshold (50%), Target (100%), Goal (150%), Maximum (200%) | Three-year cumulative period: Sep 1, 2023 – Aug 31, 2026; Metrics: 50% on adjusted cumulative operating earnings and 50% on adjusted cumulative revenues |