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Interactive Data adds Kilburn, Simone and Swanson to the board

14 July 2009  |  1861 views  |  0 Source: Interactive Data

Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related solutions to financial institutions, active traders and individual investors, today announced that Donald C. Kilburn, Victor R. Simone and Luke Swanson have been appointed to the Company's Board of Directors.

Simone has also been appointed to the Board's Audit and Independent Committees.

Rona A. Fairhead, chairman of Interactive Data's Board of Directors, stated, "We are delighted to appoint Don, Vic and Luke to the Board. Each individual brings considerable experience and expertise to the Board, which will be valuable as we work closely with Ray D'Arcy and his management team to advance Interactive Data's business globally. I am confident their insights and advice will help Interactive Data maximize its full potential in the marketplace and continue delivering value to our shareholders."

These appointments bring the total number of directors actively serving on the Board to 10, including five directors affiliated with Pearson plc, Interactive Data's majority shareholder. For a complete listing of Interactive Data Board of Directors, click here.

Donald C. Kilburn Biography:

Donald Kilburn is chief executive officer of Pearson Learning Solutions, a division of Pearson Education. From 1998 until 2008, Kilburn was president of Pearson Custom Publishing with responsibility for overseeing the firm's higher education services and solutions business. Prior to joining Pearson Custom Publishing, Kilburn spent 12 years at Simon and Schuster Custom Publishing during which he served as editor in chief for six years, and then later became president of the business for six years. His publishing experience also includes serving as acquisition editor at Ginn Press, a Xerox Company. Kilburn earned a BA from College of Wooster.

Victor R. Simone Biography:

Victor Simone, 54, is considered an independent director under NYSE and SEC rules. He brings extensive capital markets experience to Interactive Data's Board. Since 2006, Simone has served as North American and Asian head of the Principal Strategic Investments Group at Goldman Sachs. During his two-plus decades at Goldman Sachs, Simone has led the firm's global eBusiness Group, its Institutional Client Services and its Private Client Services Fixed Income Group, as well as helped oversee its Innovation Committee and Fixed Income Industry Groups. He joined Goldman Sachs in 1981 after working in the corporate banking department of Chase Bank, and he was named a managing director at Goldman Sachs in 1997. He has served as chairman of the Boards of both TradeWeb Markets and Nexus, L.L.C. and served as a director on the Boards of APX, Inc.; NYMEX Green Exchange; Perimeter Financial; and TheMarkets.com. He is a director of the Boston College Wall Street Executive Council, director of the Boston College Financial Advisory Board and the New York Fellowship. Simone received a BS from Boston College and an MBA from New York University.

Luke Swanson Biography:

Luke Swanson, 39, has served as communications director for Pearson plc, and a member of the Pearson Management Committee, since 2003. He is responsible for worldwide investor, media and government relations, corporate and internal communications. Swanson joined Pearson as head of corporate communications in 2000 from Diageo plc, where he played an instrumental communications role in the 1997 merger of Grand Metropolitan plc and Guinness plc, and subsequently established and led the communications function for Diageo's largest business. Swanson's communications experience also includes senior positions at Business in the Community, the UK's leading authority on corporate social responsibility, and The Prince's Trust charity organization. He earned a BA from Worcester College, University of Oxford.

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