Interactive Data Names Andrew Hajducky Chief Financial OfficerAndrew J Hajducky III was appointed executive vice president, chi
June 13 2006 - 9:00AM
Business Wire
Experienced Finance Professional to Help Guide Company's Future
Growth; Former CFO Steven Crane Completes Planned Transition to
President of FT Interactive Data Interactive Data Corporation
(NYSE: IDC), a leading provider of financial market data and
analytic tools to institutional investors, active traders and
individual investors, today announced that its Board of Directors
has appointed Andrew J. Hajducky III as the Company's executive
vice president, chief financial officer and treasurer, effective
June 15, 2006. Hajducky will be responsible for overseeing
Interactive Data's financial operations, human resources, corporate
information systems, corporate planning, purchasing and investor
relations. He will report directly to Stuart J. Clark, Interactive
Data's president and chief executive officer. Hajducky succeeds
Steven G. Crane, who, as previously announced, will serve as
president of FT Interactive Data, the Company's largest business
unit. "We are delighted to welcome Andy to Interactive Data,"
stated Stuart Clark. "He brings a valuable set of skills and
tremendous experience that will serve us well as we continue to
pursue new growth initiatives, enhance our profitability and build
upon our strong financial foundation. Adding Andy to our senior
management group also enables Steve Crane to transition to
president of FT Interactive Data where he will direct efforts to
extend this unit's market leadership and bring new high-value
services to the marketplace." Hajducky, 52, brings 30 years of
experience to Interactive Data, having served in a variety of key
senior management, financial and advisory roles. Prior to joining
Interactive Data, Hajducky was executive vice president, chief
financial officer, treasurer and secretary for DirectoryM Inc., a
venture capital-backed online directory technology company. Before
that, he was executive vice president, chief financial officer and
treasurer at Centre Path Network, Inc. (formerly Giant Loop
Network, Inc.). From 1995 through 2001, Hajducky served as
executive vice president, chief financial officer and treasurer of
CMGI, Inc. (NASDAQ: CMGI) where he played an instrumental role in
supporting the company's rapid growth, directing an array of
mergers and acquisitions, and investment activities, and leading
its finance and accounting organization. While at CMGI, he also
served on the board of directors for a number of CMGI's private and
public companies. Prior to CMGI, Hajducky was a partner at Ernst
& Young LLP, where he established and grew the firm's mergers
and acquisitions practice in New England. His work experience also
includes serving as chief financial officer of Mountain
International Company/Accu-Tel, Inc. after starting his career as
an auditor at Price Waterhouse LLP and Coopers & Lybrand LLP.
Hajducky, a Certified Public Accountant, received a B.S. in
Accounting from Bentley College and currently serves on Bentley's
Board of Trustees. Steven Crane Becomes President of FT Interactive
Data Concurrent with the appointment of Hajducky as chief financial
officer, Steven Crane commences his tenure as president of FT
Interactive Data. As president of FT Interactive Data, Crane will
work closely with John King, Interactive Data's chief operating
officer, and Raymond L. D'Arcy, president of Interactive Data's
sales, marketing and institutional business development, to
continue FT Interactive Data's growth through new product
initiatives, strategic alliances, acquisitions, and related sales
and marketing efforts. Crane was named executive vice president,
chief financial officer and treasurer of Interactive Data in
November 1999. He was previously vice president and chief financial
officer of Video Services Corporation, a publicly traded provider
of value-added services to the television network, cable and
syndicated programming markets. He was also chief financial officer
of an international division of PepsiCo, and held various financial
positions at Chase Manhattan Bank. Forward-looking and Cautionary
Statements This press release contains certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 and Federal securities laws, and is subject to
the safe-harbor created by such Act and laws. Forward-looking
statements may include our statements regarding our goals, beliefs,
strategies, objectives, plans including product and service
developments, future financial conditions, results or projections
or current expectations including the Company's belief that these
executive appointments will help the Company pursue new growth
initiatives, enhance our profitability, build upon our strong
financial foundation, extend FT Interactive Data's market
leadership, support FT Interactive Data's efforts to bring new
high-value services to the marketplace, continue FT Interactive
Data's growth and expand our business globally. These statements
are subject to known and unknown risks, uncertainties, assumptions
and other factors that may cause actual results to be materially
different from those contemplated by the forward-looking
statements. Such factors include, but are not limited to: (i) the
ability of our executives to grow the Company, (ii) FT Interactive
Data's ability to extend its market leadership position; (iii) the
timely and successful introduction by FT Interactive Data of new
high-value services; (iv) our ability to timely and successfully
complete acquisitions, (v) our ability to timely and successfully
enter into strategic alliances, and (vi) other factors identified
in our most recent Annual Report on Form 10-K and Quarterly Report
on Form 10-Q filed with the Securities and Exchange Commission. We
undertake no obligation to update these forward-looking statements.
About Interactive Data Corporation Interactive Data Corporation
(NYSE: IDC) is a leading global provider of financial market data,
analytics and related services to financial institutions, active
traders and individual investors. The Company's businesses supply
time-sensitive pricing, evaluations, dividend, corporate action and
reference data for more than 3.5 million securities traded around
the world, including hard-to-value instruments. Many of the world's
best-known financial service and software companies subscribe to
the Company's services in support of their trading, analysis,
portfolio management and valuation activities. Through its
businesses, FT Interactive Data, ComStock, CMS BondEdge and
eSignal, Interactive Data has approximately 2,200 employees in
offices located throughout North America, Europe, Asia and
Australia, and is headquartered in Bedford, MA. Pearson plc (NYSE:
PSO; LSE:PSON), an international media company whose businesses
include the Financial Times Group, Pearson Education, and the
Penguin Group, owns approximately 62 percent of the outstanding
common stock of Interactive Data Corporation. For more information,
please visit www.interactivedata.com. The FT Interactive Data
business includes FT Interactive Data Corporation, a Delaware
corporation. The ComStock business includes ComStock, Inc., a New
York corporation.
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