Published: July 06, 2009
Two Join Regulatory DataCorp Board
WILMINGTON, Del. - (BUSINESS WIRE) - Eric B. Herr, the former president and chief operating
officer of Autodesk, Inc., and Dr. Charles Stryker, the founder and
President of Venture Development Center have joined the board of
Regulatory DataCorp (RDC), the Wilmington-based leader in compliance and
risk mitigation technology.
Mr. Herr brings more than 25 years' experience in software, finance,
media and consulting. Prior to AutoDesk (NASDAQ:ADSK), Mr. Herr served
as Vice President of Finance and Planning for the Worldwide Field
Organization at Sun Microsystems (NASDAQ:JAVA). He has served as the
National Volunteer Chair for Programs and Services at The American Red
Cross and was an executive-in-residence in the MBA program at the
University of New Hampshire. Mr. Herr is RDC's lead independent
director, chair of the audit committee and a member of the compensation
committee.
Dr. Stryker is a recognized innovator in the field of information
services. He advises leading information services companies as they
develop products that meet precise market requirements and then assists
distributing these products at scale. He is an active speaker and author
regarding database product development. Dr. Stryker has extensive board
experience serving on both public and private company boards. He is a
member of RDC's corporate governance and nominating committees.
Mr. Herr and Dr. Stryker join existing directors Jeffrey Schwartz, a
founder and managing director of Bain Capital Ventures; David N.
Lawrence, associate general counsel and head of the business
intelligence unit at Goldman Sachs (NYSE:GS), and Mark Parsells,
chairman and chief executive officer of RDC. Mr. Schwartz chairs RDC's
compensation committee and serves on the nominating and audit
committees. Mr. Lawrence chairs RDC's corporate governance committee and
serves on the nominating committee. Mr. Parsells chairs RDC's nominating
committee.
Commenting on the appointments, Mr. Parsells said, "As RDC expands into
new public and private sector markets, we will rely on directors for
guidance. I appreciate having two such highly accomplished individuals
part of that board. Their presence further validates the quality of
talent behind RDC."
About Regulatory DataCorp
Regulatory DataCorp (www.rdc.com)
was founded by Goldman Sachs and 20 other leading financial
institutions. RDC offers the world's largest database of open-source,
risk-relevant records and an array of products and services that satisfy
due diligence requirements and enable compliance with anti-money
laundering (AML) laws, Know Your Customer (KYC) rules and related
reporting requirements.
Regulatory DataCorp (RDC)
Jim Donahue
302-367-6929
jdonahue@rdc.com
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