News: FactSet CEO Stepdown $FDS

FactSet Research Systems Inc., has announced that its CEO Philip Hadley, has Stepped down from his post. The post will be succeeded by Philip Snow.

Mr. Hadley, working for the firm since 1985, will still be a member of the firm as a Chairman of its Board of Directors.

Except for the stock option grant, as of July 1, 2015, there was no oral or written plan, contract or arrangement entered into between Mr. Snow and the Company. In addition, he does not have any family relationships with any of the Company’s directors or executive officers.

View the full release here.