FactSet Welcomes Barak Eilam to Board of Directors
FactSet (NASDAQ: FDS), a global financial digital platform and enterprise solutions provider, has appointed Barak Eilam to its Board of Directors. This decision marks a significant step for the company as Eilam will also be part of the Compensation and Talent Committee.
Barak Eilam's Extensive Experience
Barak Eilam brings nearly thirty years of expertise in scaling enterprise software companies into iconic market leaders. Currently, he serves as the Chief Executive Officer (CEO) of NICE, a renowned enterprise software company specializing in analytics and AI solutions. His impressive career at NICE began in 1999, and he has held various senior positions, including President of NICE America.
Proven Track Record of Growth
During his tenure as CEO from 2014 to 2024 at NICE, Eilam led the company through remarkable growth milestones. Notably, he tripled the company's revenue to nearly $3 billion, increased cloud revenue from almost nothing to $2 billion, and quadrupled earnings per share. His skills in driving revenue growth and innovation make him a valuable asset to FactSet's board.
Commitment to Innovation
Eilam's addition to the board is seen as a commitment to advancing FactSet's strategy in an ever-evolving technological landscape. Both Eilam and Robin Abrams, the Chair of the Board of Directors, expressed enthusiasm about the collaboration. Eilam stated, "I am honored to join the Board of Directors and excited to work with the leadership team to drive growth and innovation in this new era of technology."
About FactSet
FactSet (NASDAQ: FDS) empowers the financial community to see more, think bigger, and work smarter. This leading technology firm provides financial data, analytics, and open technology solutions to more than 8,200 clients globally, including over 216,000 individual users. The company’s mission emphasizes sustainable growth and exceptional client service, which was recognized in 2023 when Fortune named FactSet among the Best Places to Work.
Investor Relations
For further inquiries about FactSet's operations and performance, investors can reach out to:
Yet He
+1.212.973.5701
yet.he@factset.com
Media Contacts
Media inquiries can be directed to:
Megan Kovach
+1.512.736.2795
Megan.kovach@factset.com
Frequently Asked Questions
Who is Barak Eilam?
Barak Eilam is the newly appointed member of FactSet's Board of Directors and CEO of NICE.
What is FactSet known for?
FactSet is recognized as a leading provider of financial data and analytics to investment professionals.
How long has Eilam been with NICE?
Eilam joined NICE in 1999 and has held various leadership roles throughout his career.
What are the main areas of expertise Eilam brings?
His expertise includes enterprise software, analytics, and artificial intelligence.
How does FactSet aim to innovate?
FactSet focuses on advancing its technology and service offerings to meet client needs and ensure sustained growth.
