Edgar Online, a provider of eXtensible Business Reporting Language (XBRL) software, services and data, has hired David Price as executive vice president and chief financial officer (CFO). He replaces Ronald Fetzer, who has acted as interim CFO since 12 April 2010. Price will be based at the company’s New York City office.
Price brings more than 20 years of financial management experience to Edgar Online. Prior to joining, he was CFO of Cornerstone Therapeutics, a specialty pharmaceutical company. During his tenure, Cornerstone quadrupled its annual revenue to over US$100m, and he was honoured by Triangle Business Journal as 2009 CFO of the Year for Small Public Companies.
Prior to this, Price held the position of managing director, Healthcare Sector, at two investment banking firms: Jefferies and Company and Bear Stearns & Co, where he was involved in a wide variety of financial transactions, including initial public offerings (IPOs), debt offerings and acquisitions. Preceding that, Price was director of mergers and integration practice at PricewaterhouseCoopers (PwC), where he played an advisory role in the merger of SmithKline Beecham and Glaxo Wellcome, the Bass Hotels and Resorts acquisition of InterContinental Hotels and the BT merger with AT&T to form Concert. He also served in the audit practices of Price Waterhouse and Arthur Andersen. Price attained an honours degree in Accounting and Financial Management at Lancaster University.
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