Philip Snow
Executive Leadership
FactSet Research Systems
Leadership History
2 leaders · Full leadership timeline
Philip Snow is the CEO of FactSet.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Philip Snow | Executive Leadership | — | Present | — |
| Linda S. Huber | Finance & Strategy | — | Present | — |
In 1978, Howard Wille and Charles Snyder launched FactSet with a four-page financial report delivered on paper by bicycle messengers to Wall Street banks. Recognizing that mainframe computers could automate corporate earnings comparisons, they pioneered computerized financial analysis, transitioning from paper courier deliveries to dial-up terminals and eventually cloud-native APIs.
FactSet operates a high-retention software-as-a-service (SaaS) and recurring Annual Subscription Value (ASV) business model. Over 98% of total revenue is derived from recurring multi-year subscriptions. The company licenses its proprietary FactSet Workstation on a per-user, per-year basis to buy-side portfolio managers, wealth advisors, and sell-side investment bankers. In addition, FactSet generates substantial recurring revenue by licensing raw corporate data feeds (Data Feeds), proprietary fixed income benchmarks, custom portfolio risk analytics, and algorithmic execution management systems (Portware), delivering gross software margins above 52% and consistent free cash flow conversion.
Executive Leadership
Finance & Strategy
FactSet operates in an oligopolistic financial data market, competing against well-funded incumbents including Bloomberg L.P., LSEG (Refinitiv), and S&P Global Market Intelligence. In addition, headcount consolidation and fee compression across traditional active asset managers can impact per-seat workstation renewals. Furthermore, integrating complex unstructured alternative datasets and maintaining high-speed real-time data feeds requires substantial ongoing cloud and AI research investment.
Philip Snow serves as the Chief Executive Officer of FactSet Research Systems.
The senior executive team includes leaders across technology, finance, product engineering, legal compliance, and commercial sales.
FactSet Research Systems adheres to high standards of corporate transparency, data privacy, stakeholder alignment, and long-term value creation.
FactSet Research Systems maintains its principal executive offices in Norwalk, United States.
Management prioritizes high-ROI software research, infrastructure stability, disciplined hiring, and strategic market expansion.
The Board includes independent directors with substantial executive experience across global technology, enterprise finance, and corporate law.
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