Valero Makes First Venezuelan Crude Purchase Under New U.S.-Caracas Deal 
Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates 
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure 
JPMorgan and Allen & Company Emerge as Big Winners in Warner Bros Discovery Bidding War 
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade 
OpenAI Launches Stargate Community Plan to Offset Energy Costs and Support Local Power Infrastructure 
U.S. Vaccine Policy Shifts Under RFK Jr. Create Uncertainty for Pharma and Investors 
FAA Says It Is Not Blocking Boeing 737 MAX 7 and MAX 10 Certification 
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut 
FSU Criticizes ANZ Over Suncorp Bank Job Cuts Amid Post-Acquisition Commitments 
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer 
Valentino Garavani Dies at 93, Leaving Behind the Timeless Legacy of Valentino Red 
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand 
Netflix Stock Slips After Earnings as Soft 2026 Guidance Overshadows Subscriber Milestone 
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks 
Rio Tinto Posts Strong Q4 Iron Ore and Copper Output on Operational Recovery 
United Airlines Posts Record Q4 Revenue as Premium Demand Lifts Earnings 
NORWALK, Conn., May 08, 2018 -- FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it has entered into a separation agreement with Maurizio Nicolelli, the company’s Chief Financial Officer. The agreement was entered into after Nicolelli and FactSet discussed his transition from his role as Senior Vice President, Chief Financial Officer, to pursue other interests. Nicolelli will remain with FactSet through December 2018, until a successor has joined to ensure a smooth transition of his duties.
Nicolelli joined FactSet as a Senior Accountant in 1996 and has led the Finance organization since 2009, through his roles as Principal Financial Officer and Chief Financial Officer. FactSet has experienced strong growth during his tenure, more than doubling its Annual Subscription Value (ASV). Nicolelli oversaw numerous M&A projects, including the acquisition, day-to-day management, and eventual successful divesture of Market Metrics.
“I am proud to have been a part of FactSet’s success and its creation of significant shareholder value,” said Nicolelli. “I have been fortunate to work with a talented and dedicated team that has both contributed to the company’s success and has positioned it for continued growth. I will always think fondly of FactSet’s great culture and people.”
“Maurizio leads a strong, dedicated global finance department,” said Phil Snow, FactSet CEO. “He has been an instrumental member of our FactSet senior leadership team. We thank him for his many contributions and wish him much success in his future endeavors.”
FactSet has commenced an executive search to identify a successor for the CFO position.
About FactSet
FactSet (NYSE:FDS) (NASDAQ:FDS) delivers superior analytics, service, content, and technology to help more than 88,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.
FactSet
Investor Relations Contact:
Rima Hyder
857.265.7523
[email protected]
Media Relations Contact:
Bruce Marcey
203.810.2514
[email protected]
