FactSet Names New CFO: Joshua Warren

0:00It's April 8th. You're listening to Hartford News today, AI-powered local news. I'm Cory with the story. FACTSET, that Norwalk Financial Data Powerhouse serving up analytics and software for investment pros, just named Joshua Warren as their new chief, financial officer. He steps in on April 13th, taking over from Helen Sean, who's bowing out after a solid run, but sticking around for a smooth handover. Sean gets severance perks under their exec plan, plus salary and bonus shot for fiscal 2026 during the transition, though no new. Incentives or next year's bonus, no drama here. Her exit isn't tied to any accounting beef or reporting issues for the SEC filing. Warren, the 46-year-old finance vet, comes from running the CFO show at Fintech Player Investment and Big Strategy gigs at BlackRock. His package, a $500,000 base, target cash bonus at 110% of salary, equity grants, and a 1-time 1.5 million.

1:00Dollar cash, plus stock welcome bonus besting over time. Meanwhile, FACTSET dropped their second quarter numbers recently, with revenue climbing 7.1% to $611 million. Fueled by institutional and wealth clients. The diluted earnings per share dipped 4.5% to $3.59, while adjusted EPS rose 4.2%. $4.46 showing growth amid profit squeezes. This CFO switch comes at a pivotal time, as FACTSET pushes through market demands, setting the stage for Warren to steer the financial ship forward.