Helen L. Shan
Chief Financial Officer at FFactset Research Systems Inc
Since July 23, 2024
Age
57 years
Education
Holds dual bachelor's degrees from the University of Pennsylvania's Wharton School of Business and School of Applied Science and Engineering, and an MBA from Cornell University’s SC Johnson College of Business.
Tenure
Joined FactSet in September 2018 as Chief Financial Officer, served until October 2021, held the role of Executive Vice President and Chief Revenue Officer from May 2021 to August 2024, and returned as CFO on July 23, 2024.
About
Helen L. Shan is an accomplished financial executive known for her strong leadership and comprehensive expertise in corporate finance and strategic operations.
Beginning her influential career at FactSet in September 2018, she initially led as the Chief Financial Officer before transitioning into a broader role as the Executive Vice President and Chief Revenue Officer, where she drove global revenue growth and operational excellence.
Her extensive professional background includes executive roles at renowned firms such as Marsh McLennan Companies, Pitney Bowes Inc., and J.P. Morgan, providing her with deep insights into financial management and corporate strategy.
Beyond her primary role at FactSet, she contributes to the governance of EPAM Systems, Inc. as a Board Member and Chairperson of the Audit Committee, reflecting her commitment to excellence in both business operations and strategic oversight.
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| FactSet Research Systems Inc. (FDS) | Chief Revenue Officer | May 2021 - August 2024 | Responsible for driving revenue growth by managing global sales, client solutions, marketing, and media relations |
| FactSet Research Systems Inc. (FDS) | Chief Financial Officer | September 2018 - October 2021 | Oversaw the global finance organization including accounting, corporate development, financial planning and analysis, investor relations, real estate, tax, and treasury |
| Marsh McLennan Companies | Corporate Treasurer | N/A | Held various financial responsibilities |
| Marsh McLennan Companies | Chief Financial Officer for Mercer | N/A | Executive role with responsibility for Mercer’s financial operations |
| Pitney Bowes Inc. | Executive Positions | N/A | Held executive positions with unspecified details |
| J.P. Morgan | Executive Positions | N/A | Held executive positions with unspecified details |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| EPAM Systems, Inc. | Board of Directors | N/A | Chairperson of the Audit Committee and serves on the Compensation Committee |
Fixed Compensation
Data from FY 2024
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Salary | $523,077 | Annual | Base salary for fiscal 2024 |
| Bonus | $0 | Annual | No bonus was awarded |
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $0 | Annual | No participation in defined benefit or actuarial pension plans |
| All Other Compensation | $13,800 | Annual | Includes Company Contributions to Defined Contribution Plans |
| Option Awards | Grant Date Fair Value: $875,027 , Exercise Price: $436.57 | Vest 20% annually over 5 years starting November 1, 2023 | Expires 10 years from grant date; service-based awards with lattice-binomial valuation assumptions (Risk-free rate: 4.78%-5.53%, Expected life: 6.62 years, Volatility: 23.5%, Dividend yield: 0.90%) |
Performance Compensation
Data from FY 2024
Stock Awards
| Performance Metric/Detail [Unit]** | Value | Details & Conditions |
|---|---|---|
| Performance Metrics Weights | Operating Earnings: 50% , Revenues: 50% | Based on Adjusted Cumulative Operating Earnings and Adjusted Cumulative Revenues |
| Vesting Levels | Threshold: 50% , Target: 100% , Goal: 150% , Maximum: 200% | Maximum level contingent on revenues > 104% of target and operating earnings meeting goal |
| Vesting Schedule | Cliff vest on November 1, 2026 | Vesting occurs only upon achievement of performance criteria during the evaluation period |
| Evaluation Period | September 1, 2023 – August 31, 2026 | Performance measurement period |
| Grant Date | November 1, 2023 | Date when performance awards were granted |
| Grant Date Fair Value [$/PSU]** | $424.63 | Calculated using a binomial model |
| Grant Date Stock Price [$/share]** | $436.57 | Closing price on grant date |
Non-equity Incentive Plan Compensation
| Metric [Unit]** | Value | Details |
|---|---|---|
| Annual Incentive Opportunity | $630,000 | Total available incentive compensation |
| Awarded Amount | $419,943 | Represents 66.7% achievement of the opportunity |
| Performance Metrics | ASV + Professional Services Growth: 66.7% weight, Adjusted Operating Margin: 33.3% weight | Company-wide metrics with a focus on growth and efficiency; detailed thresholds not provided |
| Individual Evaluation Component | 20% of award | Based on Compensation and Talent Committee’s evaluation of individual goals and accomplishments |