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Interactive Data shuffles senior management roles

16 June 2006  |  2900 views  |  0 Source: Interactive Data

Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data and analytic tools to institutional investors, active traders and individual investors, today announced that its Board of Directors has appointed Andrew Hajducky as the Company's executive vice president, chief financial officer and treasurer, effective June 15, 2006.

Hajducky will be responsible for overseeing Interactive Data's financial operations, human resources, corporate information systems, corporate planning, purchasing and investor relations. He will report directly to Stuart J. Clark, Interactive Data's president and chief executive officer. Hajducky succeeds Steven G. Crane, who, as previously announced, will serve as president of FT Interactive Data, the Company's largest business unit.

"We are delighted to welcome Andy to Interactive Data," stated Stuart Clark. "He brings a valuable set of skills and tremendous experience that will serve us well as we continue to pursue new growth initiatives, enhance our profitability and build upon our strong financial foundation. Adding Andy to our senior management group also enables Steve Crane to transition to president of FT Interactive Data where he will direct efforts to extend this unit's market leadership and bring new high-value services to the marketplace."

Hajducky, 52, brings 30 years of experience to Interactive Data, having served in a variety of key senior management, financial and advisory roles. Prior to joining Interactive Data, Hajducky was executive vice president, chief financial officer, treasurer and secretary for DirectoryM Inc., a venture capital-backed online directory technology company. Before that, he was executive vice president, chief financial officer and treasurer at Centre Path Network, Inc. (formerly Giant Loop Network, Inc.). From 1995 through 2001, Hajducky served as executive vice president, chief financial officer and treasurer of CMGI, Inc. (NASDAQ: CMGI) where he played an instrumental role in supporting the company's rapid growth, directing an array of mergers and acquisitions, and investment activities, and leading its finance and accounting organization. While at CMGI, he also served on the board of directors for a number of CMGI's private and public companies. Prior to CMGI, Hajducky was a partner at Ernst & Young LLP, where he established and grew the firm's mergers and acquisitions practice in New England. His work experience also includes serving as chief financial officer of Mountain International Company/Accu-Tel, Inc. after starting his career as an auditor at Price Waterhouse LLP and Coopers & Lybrand LLP.

Hajducky, a Certified Public Accountant, received a B.S. in Accounting from Bentley College and currently serves on Bentley's Board of Trustees.

Steven Crane Becomes President of FT Interactive Data

Concurrent with the appointment of Hajducky as chief financial officer, Steven Crane commences his tenure as president of FT Interactive Data. As president of FT Interactive Data, Crane will work closely with John King, Interactive Data's chief operating officer, and Raymond L. D'Arcy, president of Interactive Data's sales, marketing and institutional business development, to continue FT Interactive Data's growth through new product initiatives, strategic alliances, acquisitions, and related sales and marketing efforts.

Crane was named executive vice president, chief financial officer and treasurer of Interactive Data in November 1999. He was previously vice president and chief financial officer of Video Services Corporation, a publicly traded provider of value-added services to the television network, cable and syndicated programming markets. He was also chief financial officer of an international division of PepsiCo, and held various financial positions at Chase Manhattan Bank.

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