New York – October 19, 2009 – Ipreo, leading global provider of market intelligence and productivity solutions to investment banks and corporations, announced that Stuart Clark, former CEO of Interactive Data Corporation, will be joining the Ipreo Board of Directors as Chairman.
Clark’s 40-year career in the market data industry is one defined by successful leadership, most notably as President and CEO of Interactive Data Corporation. During Clark’s tenure, Interactive Data established itself as one of the industry’s largest providers of financial market data and analytics. Clark stepped down from this position in March 2009, after which he performed an advisory role until he retired in July 2009.
Clark has a proven track-record in strategy, acquisitions, international business development and business management. During his nine years as CEO of Interactive Data Corporation he led the development of the business through organic growth, acquisitions and organizational and cultural transformation. Prior to his role as CEO, Clark was President of the organization, with responsibility for the Financial Times Asset Management data business. Before taking over leadership of Interactive Data, Clark led the Market Data division of Extel Financial Ltd. Recently, Clark received the FISD Market Data Lifetime Achievement Award from the Financial Information Services Division of the Software and Information Industry Association (SIIA). The honor recognizes a long and distinguished career dedicated to the advancement of the financial information industry.
“We are thrilled to have someone of Stuart’s experience and accomplishment leading our Board,” said Scott Ganeles, CEO of Ipreo. “His industry knowledge and strong understanding of our market will strengthen our ability to achieve the goals that management and the Board have set for this firm.”
“Ipreo is a remarkable company that has achieved tremendous growth and success in a short period of time under extremely challenging market conditions,” said Clark. “I look forward to becoming part of the team and helping to drive the firm’s continued progress.”
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, and buy-side institutions. By combining state-of-the-art new issuance systems with the premier global financial and investor data, Ipreo enables our capital markets clients to execute deals more efficiently, maximizing time and resources. Our applications include end-to-end bookbuilding systems, roadshow & conference management platforms, and electronic document delivery. Additionally, Ipreo’s suite of investor prospecting and CRM solutions offers the most accurate and comprehensive institutional contacts data and profiles in the industry. Ipreo is the only financial services provider to offer solutions across all asset classes for the Equity, Fixed Income, Municipal, and Syndicated Loan markets. Ipreo is a KKR portfolio company with nearly 700 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.
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