Press Release: SEC Announces New Unit to Lead Global Move to Interactive Data (Press Release No. 2007-213; October 9, 2007)
The SEC appointed David Blaszkowsky, a former S&P and McGraw-Hill executive, as Director of Interactive Disclosure to lead its initiative modernizing financial reporting with interactive data, with no fraud, charges, or adverse outcomes involved.
The SEC announced the creation of the Office of Interactive Disclosure on October 9, 2007, to advance the use of interactive financial data in public company reporting. David Blaszkowsky, a 11-year veteran of McGraw-Hill and former S&P executive with experience in equity research and investor relations, was named its first Director. There were no allegations of fraud, no financial penalties, and no legal charges—this was a regulatory modernization effort aimed at improving transparency and efficiency for investors.
On October 9, 2007, the Securities and Exchange Commission announced the establishment of the Office of Interactive Disclosure to lead the transition to interactive financial reporting by public companies. David Blaszkowsky, a 45-year-old former executive with 11 years at McGraw-Hill and seven years at its Standard & Poor’s division, was appointed as the office’s first Director. His background included leading S&P’s Corporate Markets and Investor Relations Services, as well as prior roles at McKinsey, Price Waterhouse, and Fidelity Investments. Chairman Christopher Cox highlighted Blaszkowsky’s unique blend of capital markets and technology expertise as critical to modernizing disclosure practices. The initiative aimed to make financial information more accessible, lower-cost, and faster for investors, analysts, and journalists globally. There were no allegations of misconduct, no financial penalties, and no enforcement actions associated with this announcement. The appointment marked a strategic regulatory shift toward digital transparency, not a response to fraud or scandal. Blaszkowsky expressed honor at the opportunity and pledged to collaborate across the agency and with global stakeholders to achieve the mission.
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- SEC Announces New Unit
- SEC Chairman Christopher Cox announced the creation of a new office
- SEC tapped David Blaszkowsky
- David Blaszkowsky served S&P in New York
- David Blaszkowsky started in 2001
- David Blaszkowsky served as Director of Global Market Development for Institutional Market Services
- David Blaszkowsky led S&P’s Corporate Markets and Investor Relations Services businesses
- David Blaszkowsky will coordinate the agency-wide disclosure modernization program
- David Blaszkowsky will work with investor groups, analysts, journalists, and preparers of financial statements
- David Blaszkowsky will work with other key public and private sector stakeholders
- David Blaszkowsky said I’m honored to be selected to help improve information for investors
- David Blaszkowsky looked forward to working closely with my new colleagues across the agency
- David Blaszkowsky began his career with S&P in New York six years ago
- David Blaszkowsky was chosen to lead S&P’s Corporate Markets and Investor Relations Services businesses
- David Blaszkowsky joined S&P’s parent, McGraw-Hill
- David Blaszkowsky was Manager of Finance and Planning for Fidelity Investments
- David Blaszkowsky was a Senior Business Analyst for McKinsey & Company
- David Blaszkowsky assumed strategic marketing and finance responsibilities for a software company
- David Blaszkowsky served as a senior consultant and manager for the Price Waterhouse Strategic Consulting Group
- David Blaszkowsky served as a senior consultant and manager for Gemini Consulting
- David Blaszkowsky holds a B.A. in Economics from the University of Chicago
- David Blaszkowsky holds an MBA from Northwestern’s Kellogg School of Management
- David Blaszkowsky is a member of the National Investor Relations Institute
- David Blaszkowsky is a member of the Canadian Investor Relations Institute
- David Blaszkowsky has presented to professional organizations and government regulators
- David Blaszkowsky has presented to many occasions in the U.S. and overseas
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 2007-213 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. http://www.sec.gov/news/press/2007/2007-213.htm Home | Previous Page Modified: 10/09/2007
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 2007-213 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. http://www.sec.gov/news/press/2007/2007-213.htm Home | Previous Page Modified: 10/09/2007