Laurie Siegel
Director at FDS
Board
About Laurie Siegel
Laurie Siegel (age 69) is an independent director of FactSet Research Systems Inc. and Chair of the Compensation & Talent Committee. She has been on the Board since 2015. Siegel is President of LAS Advisory Services and previously led global human resources and internal communications at Tyco International and held senior HR roles at Honeywell; she holds an MBA and an MA in City & Regional Planning from Harvard University and a BA from the University of Michigan .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Tyco International Ltd. | SVP, Human Resources & Internal Communications | 2003–2012 | Global HR leadership; executive compensation expertise |
| Honeywell International Inc. | VP, Human Resources – Specialty Materials | 1994–2002 | Human capital and HR systems |
| LAS Advisory Services | President | Ongoing | Advisory on business and HR leadership |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| CECO Environmental Corp. | Director; Chair of Compensation Committee | Current | Compensation committee leadership |
| Lumen Technologies | Director (prior) | Prior | Board service at enterprise technology platform |
Board Governance
- Committee assignments: Chair, Compensation & Talent Committee (CTC); independent director .
- Independence: Board determined all directors except the CEO are independent under NYSE/NASDAQ standards .
- Attendance and engagement: Board met six times in fiscal 2025; no director attended fewer than 75% of aggregate Board and committee meetings. CTC met six times in fiscal 2025 .
- Executive sessions: Regular executive sessions held; independent Board Chair; independent committee chairs .
- Consultant independence: CTC retained Meridian Compensation Partners; committee affirmed advisor independence and no conflicts .
Fixed Compensation
| Component | Detail | Amount/Terms | Source |
|---|---|---|---|
| Annual Director Retainer (Jan 1–Aug 31, 2025) | Cash or equity (37.5% options/62.5% RSUs) | $60,000 | |
| Committee Chair Retainer (CTC) | Cash or equity (same mix as above) | $25,000 | |
| Cash Fees (Fiscal 2025) | Includes pro rata chair retainer | $76,667 | |
| Director Equity (Annual grant) | RSUs (278 units); Options (518) | Intended FV: $125,000 (RSUs); $75,000 (options) | |
| Option Exercise Price | Jan 15, 2025 grant | $453.98 per share | |
| Grant Date Fair Values | Per instrument | $449.72 (RSU); $144.90 (option) | |
| Total Director Compensation (Fiscal 2025) | Cash + RSUs + Options | $276,747 |
Performance Compensation
| Metric | Grant specifics | Vesting/Term | Notes |
|---|---|---|---|
| RSUs (Annual grant) | 278 RSUs | 100% vest on first anniversary of grant date | Grant FV $125,000; vesting time-based |
| Stock Options (Annual grant) | 518 options | 100% vest on first anniversary; 7-year term | Exercise price $453.98; grant FV $75,000 |
| Annual Retainer Election (Equity) | Optional mix for retainer | 155 options; 83 RSUs if elected | Directors could elect; Siegel’s cash fees include chair retainer; standard election terms disclosed |
Other Directorships & Interlocks
| Company | Overlap/Interlock | Potential Conflict |
|---|---|---|
| CECO Environmental Corp. | External board; CTC Chair | None disclosed by FactSet; no related-party transactions reported in FY25 |
| Lumen Technologies | Prior directorship | None disclosed by FactSet |
Expertise & Qualifications
- Executive compensation and human capital/talent development; significant public company board experience .
- Strategic HR leadership in large, global enterprises (Tyco, Honeywell) .
- Skills context: HR/talent, compensation governance; aligns with FactSet’s Board skills emphasis on human capital .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class | Notes |
|---|---|---|---|
| Laurie Siegel | 9,026 | <1% | Includes 8,267 shares issuable upon exercise of options within 60 days of Oct 1, 2025 |
| Outstanding Awards (Director-level, at Aug 31, 2025) | 278 RSUs (unvested); 8,785 options (some unvested) | — | Director-level outstanding awards disclosure |
Stock ownership guidelines: Non-employee directors must hold at least $400,000 in FactSet stock; guidelines adopted Sept 22, 2020. Individual director compliance status not disclosed; policy requires retention of at least 50% of net shares until target met .
Anti-hedging/pledging: Directors prohibited from hedging and pledging FactSet stock; blackout windows apply .
Governance Assessment
- Strengths: Independent CTC chaired by Siegel; robust compensation governance with independent consultant; anti-hedging/pledging policy; declassified Board; strong attendance; clear director ownership guidelines .
- Incentive alignment: Director equity awards (RSUs/options) vest on one-year schedules; no repricing; director compensation cap embedded in omnibus plan proposal; no dividend equivalents until vesting .
- Conflicts/related party: No related person transactions in FY25; Section 16(a) filings timely; no hedging/pledging permitted (reduces alignment risk) .
- RED FLAGS: None disclosed regarding attendance, related-party transactions, tax gross-ups, or option repricing. Note that individual compliance versus stock ownership guideline not separately disclosed in proxy .