FactSet president and COO Michael DiChristina to step down

Source: FactSet Research Systems

FactSet Research Systems Inc. (NYSE:FDS; Nasdaq:FDS), a leading provider of integrated financial information and analytical applications to the global investment community, today announced that Michael DiChristina will be stepping down from his role as President and Chief Operating Officer effective October 1, 2009.

DiChristina, who has been with FactSet since 1986 and has been in his current role since 1999, will remain on FactSet's Board of Directors.

Peter Walsh, the company's Chief Financial Officer since 2005, will be promoted to Chief Operating Officer. Maurizio Nicolelli, the Company's comptroller, will become the Director of Finance and FactSet's principal financial officer.

Additionally, Michael Frankenfield, FactSet's Director of Investment Management, has been promoted to Director of Global Sales.

Phillip A. Hadley, Chairman and Chief Executive Officer, said, "Mike DiChristina and I have worked together at FactSet for more than twenty years. His work ethic and creativity have helped make FactSet a successful player in the financial information industry. Peter Walsh and Mike Frankenfield have been with FactSet for thirteen and twenty years, respectively. I look forward to working closely with them in their expanded roles."

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