SOURCE: Interactive Data

Interactive Data

September 12, 2013 16:30 ET

Interactive Data Appoints Stephen C. Daffron as President and CEO

BEDFORD, MA--(Marketwired - Sep 12, 2013) -  Interactive Data Corporation ("the Company") today announced that it has appointed Stephen C. Daffron as President and Chief Executive Officer ("CEO"), effective September 20, 2013.

Mr. Daffron, who most recently served as the Global Head of Operations and Technology at Morgan Stanley, assumes the President and CEO title from Mason Slaine, who will resume his previous role as Executive Chairman and be involved in the Company's strategy and business development activities.

"Steve's vast experience in senior positions at leading firms in the financial services industry brings leadership and management skills to the Company that will enable it to accelerate its growth plans and the introduction of new innovative products and services," stated Mr. Slaine. "He is a proven leader and I look forward to working with him on the next stage of the Company's growth."

"Interactive Data is a market leader and well-positioned for continued success," said Mr. Daffron. "I am thrilled to join the industry leading team at Interactive Data and look forward to working with them to create an even better organization to serve our clients." 

About Stephen C. Daffron

Mr. Daffron most recently served as Global Head of Operations and Technology for Morgan Stanley and during his more than two decades on Wall Street has also held senior leadership positions at Renaissance Technologies Corp., Citigroup and Goldman Sachs & Co. Previously he was an officer in the U.S. Army serving in various command and staff positions around the world. He is a graduate of the U.S. Military Academy at West Point and also holds a Master of Business Administration, Master of Arts, Master of Philosophy and Doctorate of Philosophy from Yale University.

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has over 2,500 employees in offices worldwide.

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