SEC Announces New Unit to Lead Global Move to Interactive Data
S&P Executive Tapped to Lead Agency’s Office of Interactive Disclosure
FOR IMMEDIATE RELEASE
Washington, D.C., October 9, 2007 — Securities and Exchange Commission Chairman Christopher Cox today announced the creation of a new office within the 74-year old agency to lead the transformation to interactive financial reporting by public companies, and tapped an 11-year veteran of McGraw-Hill, whose career includes seven years with the firm’s Standard & Poor’s division, as the agency’s Director of Interactive Disclosure.
David Blaszkowsky, 45, of Boston, served S&P in New York, starting in 2001, as Director of Global Market Development for Institutional Market Services, and as a Senior Director in Equity Research Services led S&P’s Corporate Markets and Investor Relations Services businesses.
At the SEC, Blaszkowsky will coordinate the agency-wide disclosure modernization program, and will work with investor groups, analysts, journalists, and preparers of financial statements as well as other key public and private sector stakeholders in the United States and around the world to advance the use of interactive data in financial reporting.
“David’s combination of capital markets and technology development experience will be a tremendous asset to the Commission as we transform disclosure to make it easier for filers and more useful for investors,” said Chairman Cox. “Helping improve our capital markets through lower-cost, faster, and more useful information is the heart of this mission, and it’s a mission he is uniquely qualified to lead.”
Mr. Blaszkowsky said, “I’m honored to be selected to help improve information for investors and look forward to working closely with my new colleagues across the agency to accomplish this mission.”
Mr. Blaszkowsky’s career with S&P in New York began six years ago, culminating in being chosen to lead S&P’s Corporate Markets and Investor Relations Services businesses. He first joined S&P’s parent, McGraw-Hill, as a member of its Construction Information Group in 1996. Until 1996 he was Manager of Finance and Planning for Fidelity Investments. Previously, he was a Senior Business Analyst for McKinsey & Company and subsequently assumed strategic marketing and finance responsibilities for a software company. He also served as a senior consultant and manager for the Price Waterhouse Strategic Consulting Group and Gemini Consulting.
Mr. Blaszkowsky holds a B.A. in Economics from the University of Chicago and an MBA from Northwestern’s Kellogg School of Management. He is a member of the National Investor Relations Institute and the Canadian Investor Relations Institute, and has presented to professional organizations and government regulators on many occasions in the U.S. and overseas.