Interactive Data Smoothly Completed Succession Process Between Raymond D'Arcy And Stuart Clark

Raymond L. DArcy, 56, has succeeded Stuart J. Clark as president and chief executive officer of Interactive Data Corporation. Clark, 61, will serve as an advisor to the Company before retiring later this summer. DArcy, who has held a variety

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Raymond L. DArcy, 56, has succeeded Stuart J. Clark as president and chief executive officer of Interactive Data Corporation. Clark, 61, will serve as an advisor to the Company before retiring later this summer.

DArcy, who has held a variety of senior sales, marketing, product management and finance positions at Interactive Data during the past 30 years, was most recently president of the Companys sales and marketing organization.

Under Ray DArcys leadership, Interactive Datas senior management group is composed of the following 11 talented, experienced executives: James Farrer, managing director, Interactive Data Asia Pacific; Andrew J. Hajducky, III, executive vice president, chief financial officer and treasurer; Lori Hannay, vice president and chief human resources officer; Mark Hepsworth, president, Institutional Business; Mary Ivaliotis, vice president and chief marketing officer; John L. King, chief operating officer; Andrea H. Loew, executive vice president and general counsel; Roger Sargeant, managing director, international; Chuck Thompson, president, eSignal; Cort J. Williams, president of institutional sales; and Stephan Wolf, chief technology officer.

“I have tremendous confidence in Ray and the Interactive Data team as we collectively work toward expanding our business globally and creating value for all key stakeholders,” says Rona Fairhead, chairman, Board of Directors, Interactive Data.

“The Board would like to thank Stuart for being an outstanding chief executive and for helping to establish Interactive Data as a trusted industry leader with a broad range of high-value offerings. We wish Stuart well in his retirement.

With an extensive range of high-value offerings, long-term global customer relationships, a talented workforce and a strong balance sheet, we are well positioned to extend our leadership in our core markets, says DArcy.

L.D.

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