New Member of Executive Management Team to Drive Financial Strategy for
Market-Leading EDC Company
NEW YORK, October 11 /CNW/ - Medidata Solutions, a global provider of
electronic clinical data capture, management and reporting solutions, today
announced the appointment of Bruce Dalziel as chief financial officer (CFO) to
lead the company's finance and legal functions. Dalziel brings over 25 years
of experience to Medidata Solutions with a strong background in driving
financial strategy and results across functions for global corporations.
Before joining Medidata, Dalziel served as the CFO of NYSE-listed BISYS
Inc. from 2005 to 2007, and as CFO of NASDAQ-listed DoubleClick, Inc. from
2000 to 2005. During his tenure in these positions, Dalziel managed all
aspects of finance - including financial reporting and control, tax, treasury
and risk management, as well as investor relations, facilities, corporate
technology, business operations and legal, with substantial merger and
acquisitions activity in both roles. Prior to DoubleClick, Dalziel held a
variety of positions at Prudential Insurance Company of America over a 14 year
period, including corporate vice president of financial planning and analysis,
vice president of institutional asset management sales and CFO of
international insurance. Dalziel has degrees in Industrial Engineering
(Georgia Tech) and English Literature (Ursinus College) and earned his MBA
from Columbia University.
"Medidata Solutions is a recognized industry leader in delivering high
quality technology and services to facilitate clinical trials. The company has
generated impressive growth in revenues over the past several years, based on
deep customer relationships and innovative technology," said Bruce Dalziel,
CFO of Medidata Solutions. "I am excited to join the team to help the company
continue to achieve its objectives."
Through the first half of 2007, Medidata achieved 98 percent revenue
growth and grew its staff by 75 percent, with strategic additions made to its
executive management team as well as its product, services and support
functions worldwide. Dalziel replaces Medidata's former CFO Rick Smith, who
will continue working with the company as a consultant.
"Bruce's broad financial management expertise will play a critical role
in bringing Medidata into our next phase of growth as we continue to expand
globally," said Tarek Sherif, CEO of Medidata Solutions. "We're excited to
bring in Bruce as a member of our executive management team to execute and
drive financial strategy and legal functions across the company."
About Medidata Solutions Worldwide
Medidata Solutions helps the world's leading pharmaceutical,
biotechnology, medical device and research organizations maximize the value of
their clinical research investments. Innovative process design, technology and
services streamline clinical trials by providing early visibility to reliable
clinical data - the lifeblood of every research organization. Working with
companies and institutions both large and small, Medidata Solutions helps
clinical researchers safely accelerate the process of bringing life-enhancing
treatments to market - on six continents and in more than 80 countries.
Medidata Solutions brings significant value to its broad client base with deep
clinical experience and expertise in more than 20 therapeutic areas, projects
in Phase I, II, III, IV, registries and surveillance, and studies with
thousands of investigators and tens-of-thousands of subjects. For more
information, please visit www.mdsol.com.
For further information:
For further information: Lois Paul & Partners Susan Lombardo,