Date of Publication:
07/06/2009
July 6, 2009, Wilmington, Del. - 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, Mr. Herr served as Vice President of Finance and Planning for the Worldwide Field Organization at Sun Microsystems. 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 helps information services companies design products that meet precise market requirements and then takes those products to scale. He is an active speaker and author regarding database product development. Dr. Stryker serves on the boards of several for-profit and non-profit organizations. 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, 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 19 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.
