Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that the Company has appointed Stephan Wolf, formerly chairman of the executive board of Interactive Data Managed Solutions, as the chief technology officer, effective immediately. In this newly created, pan-Interactive Data position, Wolf will be responsible for formulating and directing the Company's global information technology strategy to support the Company's data collection, delivery and product development organizations. Wolf, 48, will continue to be based in the Company's Frankfurt, Germany office. He will report directly to Stuart J. Clark, Interactive Data's president and chief executive officer.
"Appointing Stephan to this new position further builds upon the actions we've taken to support our "One Company, One Vision" initiative, which is aimed at increasingly operating as a single global enterprise," stated Stuart Clark. "He brings a unique perspective to this role, having directed extensive collaboration efforts between our Managed Solutions business and Interactive Data's other businesses over the past two years with a focus on driving innovation and delivering compelling value to our clients. I am confident that under Stephan's direction, we will continue to generate attractive returns on prudent technology investments."
"It is an exciting time to assume leadership for Interactive Data's technology initiatives," commented Stephan Wolf. "I look forward to working with our senior management team, IT staff and operations teams to harness the content, capabilities, infrastructure and talent across our global organization as part of our ongoing efforts to drive productivity and respond to emerging and evolving customer needs."
Carsten Dirks, formerly chief sales officer at Interactive Data Managed Solutions, will succeed Wolf in leading the Interactive Data Managed Solutions business as managing director and chairman of the executive board. Dirks, 39, will report directly to Mark Hepsworth, president of Interactive Data's Institutional Business. In this role, he will be responsible for overseeing the global management and development for this business. Interactive Data Managed Solutions, which is managed as part of Interactive Data Real-Time Services, is a leading provider and operator of customized financial market information systems to more than 250 retail banks, private banks, investment banks, issuers, asset managers, online brokers and media portals worldwide.