Katherine M. Stepp
About
Katherine M. Stepp is the Executive Vice President and Chief Technology Officer at FactSet, where she leads the technology organization and steers the company’s digital transformation strategy. Her role is pivotal in integrating modern technologies to enhance operational efficiencies and deliver innovative solutions.
Starting her career at FactSet in 2008, she progressed through key leadership positions including Senior Director of Product Management and Senior Director of Engineering, which laid the foundation for her current executive role. Her career trajectory reflects a consistent commitment to leveraging technology for strategic growth.
She earned a Bachelor of Science in Computer Science from Carnegie Mellon University, an institution recognized for its excellence in technology and innovation. Although detailed personal background is limited, her professional history clearly demonstrates a strong technical prowess and leadership acumen that have been instrumental in driving FactSet's evolution.
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| FactSet | Senior Director of Product Management | N/A | within FactSet's Research and Advisory workflow solutions business |
| FactSet | Senior Director of Engineering | N/A | within FactSet's Research workflow solutions business |
Fixed Compensation
| Component Name | Amount (USD) | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | 421,154 | Annual | Increased by 13.3% from fiscal 2023. |
| Company Contributions to Defined Contribution Plans | 14,585 | N/A | Part of All Other Compensation. |
| Expatriate Allowance | 59,195 | N/A | Includes repatriation expenses (40,560), housing allowance (9,748), and utilities (5,737). |
| Tax Equalization | 361,238 | N/A | Component of All Other Compensation. |
| Other Benefits | 27,166 | N/A | Miscellaneous benefits; cumulative value less than 5,000. |
Performance Compensation
Performance Share Units (PSUs)
| Component Name | Performance Metrics | Threshold/Target/Goal/Max | Vesting Schedule | Evaluation Period | Grant Date | Grant Date Fair Value | Grant Date Stock Price | Other Details |
|---|---|---|---|---|---|---|---|---|
| PSUs | Adjusted Cumulative Operating Earnings (50%) and Adjusted Cumulative Revenues (50%) | Threshold: 50%<br>Target: 100%<br>Goal: 150%<br>Max: 200% (if revenues >104% and operating earnings meet goal) | Cliff vest on November 1, 2026 | September 1, 2023 – August 31, 2026 | November 1, 2023 | $445.97 per unit | $436.57 | Performance-based award. |
Restricted Stock Units (RSUs)
| Component Name | Performance Metrics | Threshold/Target/Goal/Max | Vesting Schedule | Evaluation Period | Grant Date | Grant Date Fair Value | Grant Date Stock Price | Other Details |
|---|---|---|---|---|---|---|---|---|
| RSUs | None (Service-based) | N/A | 20% annually over five years | N/A | November 1, 2023 | $445.89 per unit | $436.57 | Service-based award. |
Option Awards
| Component Name | Performance Metrics | Threshold/Target/Goal/Max | Vesting Schedule | Evaluation Period | Grant Date | Grant Date Fair Value | Grant Date Stock Price | Other Details |
|---|---|---|---|---|---|---|---|---|
| Option Awards | None (Service-based) | N/A | 20% per year over five years | N/A | November 1, 2023 | $132.60 per option | $436.57 | Exercise price set at the NYSE closing price on the grant date. |
Non-equity Incentive Plan Compensation
No specific performance details such as thresholds, targets, or vesting conditions were provided for Non-equity Incentive Plan Compensation for 2024.