Caspar Hobbs appointed to Interactive Data board
Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services to financial institutions, active traders and individual investors, today announced that Caspar Hobbs has been appointed to the Company’s Board of Directors. Hobbs succeeds Olivier Fleurot as one of five Pearson-affiliated directors now serving on Interactive Data’s Board of Directors. Fleurot, who served on the Interactive Data Board of Directors since May 2005, resigned from Interactive Data’s board following his departure from Pearson plc to accept a new position as executive chairman of Publicis Groupe.
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Hobbs, 37, is a co-founder and current chief executive officer of the London-based Mergermarket Group, where he is responsible for overseeing strategy, expansion, sales and marketing, and general management of this financial information company. Mergermarket, which was founded in 1999 and acquired by Pearson plc in August 2006, specializes in delivering mergers and acquisition news and tools, as well as other specialized services to the financial community.
"Caspar's experience, insights and talents will be valuable assets for Interactive Data as the Company continues to expand its business around the world," stated John Makinson, chairman of the Interactive Data Board of Directors. "We'd like to thank Olivier for his contributions over the past 18 months and wish him well in his future endeavors. We also have continued to make progress recruiting a new independent director to fill the vacancy created by the retirement of Alan Hirschfield earlier this year."
Prior to co-founding Mergermarket, Hobbs worked at Financial News and, before that, he served as an officer in the British Army. He was educated at the Royal Military Academy, Sandhurst and INSEAD.