CDC Appoints Finance Veteran as Chief Accounting Officer

CDC Corp. has announced that James W. FitzGibbons, finance veteran in the software and services industries, has joined the company as corporate chief accounting officer (CAO). FitzGibbons brings more than 16 years of finance experience to CDC largely at publicly-traded technology companies.

"We are extremely excited about the hiring of Jim. He brings substantial technical expertise to CDC, further ensuring the company has the financial infrastructure necessary to support its considerable growth initiatives," said Mike Latimore, CFO, CDC. "Jim brings deep accounting expertise in the areas of U.S. GAAP and SEC reporting, international finance, M&A and SOX compliance."

Most recently, FitzGibbons was controller and CAO of International Power Group Ltd, a publicly traded, global alternative energy solutions company. Previously, he served as vice president, finance and CAO of NDCHealth Corp., a NYSE-traded health services company with more than $400 million in revenue. He also has served as vice president and controller for McKesson Corp.'s $1 billion revenue Information Solutions business unit. Earlier, he held a variety of finance management positions, including vice president and principal accounting officer, at Per-Se Technologies Inc. and was an auditor with Arthur Andersen LLP.

"I am very excited to join this highly successful and rapidly growing company with such a talented and focused management team," said FitzGibbons. "I look forward to helping CDC execute its defined business strategy to unlock the full potential of the company and maximize shareholder value."

CDC