IS.Teledata AG, a major managed solutions provider for customized market data information systems, today announced a new executive board.
Stephan Wolf, formerly spokesman of the executive board has been named chairman of the executive board of IS.Teledata AG. Carsten Dirks, previously director sales international of IS.Teledata, has been appointed a member of the executive board and has also assumed the role of chief sales officer for the organization.
The executive board was reorganized following the acquisition of IS.Teledata AG by Interactive Data Corporation (NYSE: IDC), a leading global provider of financial market data and analytic tools to financial institutions, active traders and individual investors in late 2005.
Stephan Wolf is responsible for developing strategy and managing the day-to-day operations for the IS.Teledata business. Wolf reports to Mark Hepsworth, chairman of the supervisory board of IS.Teledata AG and president of Interactive Data's ComStock business. Wolf and Hepsworth will work together closely to explore new market opportunities and oversee the integration of IS.Teledata AG into the Interactive Data group.
Previously, Wolf was chairman of the executive board and managing director of IS Innovative Software, the company he founded together with Wolfgang König in 1989. In 2003, IS Innovative Software AG merged with OnVista Technologies GmbH to become IS.Teledata AG and Stephan Wolf was appointed spokesman of the executive board.
Carsten Dirks is responsible for IS.Teledata's global sales activities. He has been with IS.Teledata since 2001. During his tenure at IS.Teledata, Dirks has been responsible for European sales activities and was general manager of IS.Teledata Nordic Oy, in Helsinki, Finland. Before joining IS.Teledata, Carsten worked for SAP AG in Walldorf, Germany, Boston, USA and Palo Alto, USA.
As planned, Stephan Schubert and Fritz Oidtmann, previously members of the executive board, left the company following the completion of the acquisition.