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Lawrence
H. Day
served as the CEO of Investment Dealers' Digest (IDD), a financial
publishing, database, and software company, from 1987 to 1997. IDD's
electronic services and software subsidiary (IDDIS) provided a variety
of financial database and software services including sophisticated
financial and news processing services. IDDIS was a pioneer in building
a variety of Internet based financial services sites including major
components of the Interactive edition of The Wall Street Journal,
portions of Salomon Smith Barney's Access services, components of
E-Trade's web site and all of Barron's Online.
Mr. Day led a management buyout of IDD from its UK based parent,
United Newspapers plc, in September of 1991. Mr. Day subsequently
led the negotiations in February 1995 that resulted in Dow Jones and
Company taking a majority interest in IDD. IDD's LBO investors had
a triple digit annualized return on their investment. Mr. Day retired
at the end of 1997 after Dow Jones bought out his remaining ownership
interests in IDD. Since his retirement he has engaged in a limited
number of strategic consulting assignments and is serving as an advisor
and Board member for a number of Internet based startups.
Mr. Day spent his career in the information services and publishing
businesses. Immediately prior to joining IDD, he was Executive Vice-president
and Chief Operating Officer of BRS Information Technologies, a database
vendor serving the on-line reference marketplace. Mr. Day was also
responsible for BRS's acquisition, as well as five other acquisitions,
when he served as Vice President for Strategic Planning of the Information
Technology Group (ITG) of Thyssen-Bornemisza, owners of a portfolio
of information companies. Mr. Day has specialized in marketing, business
development, and strategic planning for most of his career before
becoming IDD's CEO and has personally managed over 20 acquisitions,
joint venture developments, and divestitures.
Mr. Day was a Senior Vice President at Business International
where he was responsible for developing its worldwide electronic publishing
operations. He also served as Chairman of its Creative Strategies
International high technology market research subsidiary based in
Silicon Valley. He held a similar role while at the ITG where he was
Chairman of its London based Communications Studies and Planning Group,
a research and development company serving the international telecommunications
and information industries. Earlier he served as the creator and founding
Director of the Diebold Automated Office Program at the Diebold Group,
the consulting firm founded by John Diebold.
Mr. Day began his career at Bell Canada where he directed its Business
Planning Group. There he developed and managed the first commercial
research partnerships in the early 1970's with Douglas Engelbart of
SRI International. Englebart's group pioneered the development of
windows computing, the mouse, hypertext, electronic mail, and the
early interactive use of the ARPANet, the precursor to the Internet.
Mr. Day was one of the first people in the world to have an ARPANet
mailbox in the early 1970's.
Mr. Day received his MBA from McMaster University in Hamilton,
Ontario, Canada where he majored in Marketing. He received his Bachelor
of Commerce from Dalhousie University, in Halifax, Nova Scotia, majoring
in finance and economics. |
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