Cathy Baron Tamraz, Chairman and Chief Executive Officer of Business Wire, oversees the company's long-term strategic planning, Internet strategy and global branding. She serves as chair of Business Wire's executive committee. She also serves on the board of directors of Business Wire's joint-venture company, PYMNTS.com, a "first look" website for the payment industry.
Under her stewardship, the company has grown to be the leading global commercial news wire, significantly expanding into new markets, including the United Kingdom, France, Germany, Canada and Japan among others.
With a pioneering background in corporate news disclosure, Cathy lead the newswire industry into providing equal access to material news for all market participants in 2000 as the Internet gained commercial traction.
Regulatory authorities, including the Securities and Exchange Commission, have sought her input as they develop and refine disclosure rules. In 2000, Cathy was invited to meet with the SEC as they developed their landmark Regulation FD provisions. In 2008, she presented to the SEC's Advisory Committee (CIFiR) reviewing policies on the use of Internet technologies in the disclosure of market-moving material information.
She joined Business Wire in San Francisco in 1979 and opened the New York office in 1980. Cathy was named head of the company's New York region in 1987 and in 1990 she was named a vice president and appointed to the company's executive committee. In 1994 she was named senior vice president, executive vice president in 1998, chief operating officer in 2000, president in 2003 and CEO in 2005.
Prior to joining Business Wire, Cathy worked in the travel industry in Hawaii. She holds a master's degree from Stony Brook University. She participates in conferences and seminars in the investor relations and public relations industries and has published articles on financial disclosure and new technology.
Cathy was the main architect in selling Business Wire to Berkshire Hathaway. Her November 2005 letter to Warren Buffett detailing the synergies between the two firms resulted in the company being acquired on March 1, 2006.
Cathy is based in New York.