NEW YORK, May 28, 2008 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced that David Krein has joined the group as senior director, institutional markets, effective immediately.
Mr. Krein will serve as a representative of Dow Jones Indexes to the institutional investment community globally. In this capacity, he will be responsible for informing and consulting institutional clients on all products and services that Dow Jones Indexes offers.
Additionally, Mr. Krein will guide research and development of new and enhanced benchmarks. In this role, he will be responsible for the integrity of these benchmarks to ensure they meet Dow Jones Indexes' stringent standards and criteria.
"David brings a wealth of knowledge and experience in indexing and index-linked financial products," said Michael A. Petronella, president, Dow Jones Indexes. "He will build on his accomplishments in the index development, structured products, and derivatives marketplace to deliver innovative benchmarking tools to the investment community. We are confident that he will be a valuable addition to our team."
Previously, Mr. Krein was president of DTB Capital, a financial services firm he founded in 2006 to develop trading and structured investment products for derivatives exchanges and the over-the-counter market.
Prior to establishing DTB Capital, he spent more than 10 years in various trading, structuring and technology positions at leading investment banks, including UBS and Merrill Lynch.
Mr. Krein received a master of business administration from the University of Chicago and a bachelor's degree in mechanical engineering from Cornell University.
Journalists may e-mail questions regarding this press release to PR-Indexes@dowjones.com or call one of the Dow Jones Indexes/STOXX press offices:
New York: +1-212-597-5720 Frankfurt: +49-69-29725-290 Singapore: +65-6-4154-299
Note to Editors:
About Dow Jones Indexes
A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 59 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com
Dow Jones & Company (www.dowjones.com) is a News Corporation company (NYSE:NWS) (NYSE:NWS.A) (ASX:NWS) (ASX:NWSLV) (www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.
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