Neustar Names Former Fed Economist, IBM Vet Mark Greene To The Board

Neustar Inc. has appointed former Federal Reserve System economist and IBM executive Mark Greene to its board of directors.

The company said on Monday that the appointment was effective April 5.

President and CEO Lisa Hook said the appointment is part of plans to focus on delivering information and analytics services to the Internet, telecommunications, entertainment and marketing services sectors.

Board Chairman James Cullen said the company appointed Greene for his experience in data analytics as it complements the board’s areas of expertise.

Greene recently stepped down as CEO of FICO after five years and currently serves as chairman of the Minneapolis-based analytics firm.

The company provides credit scores, fraud detections and business rules management.

He rebranded the company to its current name from Fair Isaac Corp. and launched expansions in China, Brazil and Russia.

The company credits him with achieving 10 percent growth, concurrently reducing operating expenses by 30 percent and yielding a 60 percent increase in stock price in 2011.

He previously spent 10 years at IBM, including leading the company’s overall strategic planning for the financial services sector, including financial markets and insurance.

He also produced a plan targeted to the Asian, European and Americas regions.

From 1982 to 1988, he served as an economist for the Federal Reserve Board.

He has also held senior positions at Technology Solutions Company, Berkeley Investment Technologies and Citicorp.

Neustar appointed Symantec veteran Joe Pasqua in November to head Neustar Labs in a vice president role.

He will lead efforts to grow the company’s product and services portfolio through research and development.

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