The Board of Directors
Justin Wheatley
Group Chief Executive
Justin, 48, has a proven track record in delivering innovative solutions to the investment industry. Beginning his career with Micropal, a global leader in providing independent information on mutual funds, he set up an agency for Micropal in 1991 in Switzerland, to sell their products, and grew the business by expanding it in France and Luxembourg.
In 1994, he founded StatPro to promote TAP, an innovative analytics package he designed, sold via Micropal. Following the success of TAP, StatPro launched a product to deal with GIPS composites and expanded its range of products to cover attribution, risk, fixed income, reporting and compliance.
Justin floated StatPro in May 2000 raising £5.5 million to build up StatPro’s international expansion. Since flotation Justin has led several secondary fund raisings, acquired 10 businesses and disposed of two business units.
He is passionate about improving productivity for StatPro clients and harnessing the latest technology to do so. Since 2007 Justin has been spearheading a project to convert all StatPro’s products to cloud based solutions to take advantage of the latest technology. The latest round of product innovation is the most exciting yet as it will certainly transform the way portfolio analytics is produced and distributed.
StatPro’s revenues have grown from under £3.0 million in 2000 to over £30.0 million today. He has day to day responsibility for the Group.
Carl Bacon, CIPM
Chairman
Carl, 50, was appointed Chairman in 2000. Previously he worked as Director of Risk Control and Performance at F&C Investment Management Limited and prior to that was Vice President – Head of Performance at J P Morgan Investment Management Inc. He is a founding member of both the Investment Performance Council and GIPS®, chair of the Verification Sub-Committee, a member of the UK Investment Performance Committee, a member of the Advisory Board of the Journal of Performance Measurement and has been chair of the GIPS Executive Committee. Carl is a director of the Freedom Index Company and is also the author of “Practical Portfolio Performance Measurement & Attribution”. Carl has conducted hundreds of training courses all over the world to teach thousands of people about performance measurement.
Andrew Fabian FCA FCT
Group Finance Director
Andrew, 51, was appointed Finance Director in 2000. Prior to joining StatPro, he was Group Financial Controller at William Baird PLC. Andrew has significant experience in the financial services sector, both through senior finance roles at William Baird PLC and De La Rue plc, and also through advising financial institutions as a management consultant at Deloitte & Touche. Andrew is a chartered accountant and qualified corporate treasurer. He is a Fellow of both the ICAEW and the Association of Corporate Treasurers and served for three years on the ACT’s governing council. Andrew is responsible for the finance and operations functions at StatPro and has been key in all the corporate activities of StatPro since 2000 including ten acquisitions and several fund raisings. Andrew was appointed Company Secretary on 25 January 2012.
Mark Adorian
Non-Executive Director
Mark, 50, was appointed to the Board in 2002. He was previously Managing Director of Standard & Poor’s Fund Services. Mark co-founded Micropal, the global fund performance analysis company in 1986, becoming their Sales & Marketing Director in 1987. In 1992 he became Managing Director of Micropal, and subsequently in 1997 negotiated the sale of Micropal to Standard & Poor’s, a division of the McGraw-Hill Companies. Between 1999 and 2001, Mark was Managing Director of Standard & Poor’s Fund Services, a business created through the merger of Micropal together with two existing Standard & Poor’s businesses and another acquisition. His specific responsibilities included the global development of the enlarged entity. Mark chairs the Group’s Nominations and Remuneration Committees.
Stuart Clark
Non-Executive Director
Stuart, 65, was appointed to the Board in 2009. He has been employed in the financial information industry since 1968. From 1995 to 2009 Stuart held various senior positions at Interactive Data Corporation (“IDC”) and served as a member of the board of directors from 2000 to 2009. As President and CEO from 2000, Stuart led the business through nine years of continuous and strong growth, with revenues more than doubling to US$750 million and with profitability and cash flow growing more than threefold. IDC consistently outperformed the market in growth over that period and, at around 30%, had close to the highest EBITA margin amongst major comparable players in its industry. Stuart is also non-executive chairman of Ipreo Holdings LLC, a New York based, leading provider of deal execution platforms, market intelligence and investor communication tools.
Jane Tozer MBE OBE
Non-Executive Director
Jane, 65, began her career with IBM, after which she was CEO of Softwright Systems Ltd., taking it from start-up to trade sale. Jane has since held a portfolio of non-executive directorships ranging from the John Lewis Partnership, the DWP, the MoJ Audit Committee, to technology quoted companies and start-ups. She has also acted as advisor to various public sector bodies and investment banks. Jane is currently a non-executive director of F&C Global Smaller Companies plc, JP Morgan Income & Growth plc, Elexon Ltd, Asthma UK, the Information Technologists’ Company Charitable Trust and her local Citizen’s Advice Bureau. She also runs ITNEA, a networking association for Chairmen and Non-Executive Directors of quoted technology companies, and is a member of the Warwick Business School Advisory Board. Jane was awarded an MBE for services to the IT sector in 1991, and an OBE for services to the public service and voluntary sector in 2009.
