Richard DeLeo Named Business Wire's Senior Vice President, Business Policies and Procedures


Wednesday, December 16, 2009 8:08 am EST



NEW YORK--(BUSINESS WIRE)--Richard DeLeo has been named Senior Vice President, Business Policies and Procedures. This newly created position reflects the unique complexities and sensitivities linked to Business Wire's central role in helping companies fulfill their regulatory disclosure obligations and achieve their communications goals.

DeLeo will work closely with Chief Operating Officer Phyllis Dantuono to make certain that Business Wire's editorial, legal and operational standards are strictly adhered to. He also will liaise with Business Wire's sales and operations staffs to ensure that the client engagement process is seamlessly executed at all levels. In addition, DeLeo will interface with clients to help them understand the changing disclosure environment, and explain 'best practice' compliance options in appropriate jurisdictions.

DeLeo will retain his Regional Vice President responsibilities for the New York office, the largest in the company in terms of revenue. He and Sarah Shepard, Director of New York Sales, will continue to collaborate on expanding Business Wire's market share and increasing value to current and future clients in the Tri-State region.

"Rich is assuming one of the most important jobs in Business Wire, working with Phyllis to safeguard the company's reputation and credibility in the marketplace," said Cathy Baron Tamraz, Chief Executive Officer, in making the announcement at Business Wire's recent International Sales meeting in Ft. Lauderdale, Fla. "Rich has been both vigilant--and diligent--in identifying potential issues, and has been extremely resourceful when it comes to his problem-solving capabilities."

DeLeo is a member of the National Investor Relations Institute [NIRI], and The Society of Corporate Secretaries and Governance Professionals. He and his wife, Maura, and their two daughters live in New Jersey.

About Business Wire

Business Wire, a Berkshire Hathaway company, is utilized by tens of thousands of member companies and organizations worldwide to functionally enhance and communicate investor relations and public relations content to target audiences. As a recognized disclosure service in the United States, Canada and a dozen European countries, Business Wire facilitates the simultaneous flow of market-moving press releases from corporations to financial markets and their audiences, including regulatory authorities, media, investors, financial information systems and consumer news services. Business Wire also handles XBRL tagging, document formatting and regulatory filing into EDGAR, SEDAR, FSA and other systems.

Communications professionals turn to Business Wire to optimize and issue press releases, photos and multimedia to news organizations, journalists, trade publications, search engines, and individuals, with full-text posting to web sites, online services and databases. A range of distribution options enables members to target by geography, industry, news theme and audience demographics.

Founded in 1961, Business Wire has dual headquarters in San Francisco and New York, with 30 bureaus in cities including Los Angeles, Chicago, Boston, Miami, Paris, Frankfurt, London, Brussels, Tokyo, Toronto and Sydney and reciprocal offices throughout the world. Business Wire's patented NX data platform supports XML, XHTML and XBRL code that enhances news release interactivity, social media sharing and search engine optimization. More information about Business Wire and its services is located on its website at

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Richard DeLeo, Business Wire Senior Vice President, Business Policies and Procedures (Photo: Business Wire)
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