Two senior Black Knight executives with will be placed in leadership positions at D&B, once the planned acquisition of the company is completed by the end of the first quarter. William Foley II , executive chairman of the board at Black Knight, will serve in the same role for D&B. Anthony Jabbour will be CEO at D&B and remain in his current role as CEO at Black Knight.
[caption id="attachment_7892" align="alignleft" width="150"] Daffron to join Dun & Bradstreet when the transaction closes.[/caption]
Reporting to him is Stephen Daffron who will join Dun & Bradstreet as president from Motive Partners, a global private equity firm he co-founded in 2015 with a focus on financial-technology. He's slated to join D&B when the transaction closes by the end of the first quarter.
"I am extremely happy to have Steve join as President of Dun & Bradstreet, where he will leverage his vast experience in the data and analytics business to provide invaluable insight for our business and our valued customers," said Jabbour.
Earlier in November, Black Knight’s board approved a $375 million investment, for a stake of less than 20 percent in Dun & Bradstreet. The acquisition will be completed through Star Parent, an investment consortium led by CC Capital, Cannae Holdings and Thomas H. Lee Partners, Black Knight Inc., Motion Partners and others. Thomas H. Lee Partners has two representatives on Black Knight's board.
During more than two decades on Wall Street, Daffron served as global head of operations, technology and data at Morgan Stanley. He led an organization of 17,000 and managed the integration of the firm's acquisition of Smith Barney.
Following his time on Wall Street, Daffron served as president and chief executive officer of Interactive Data Corporation, a provider of financial data and analytics. He has also held senior leadership positions at Renaissance Technologies, Citigroup and Goldman Sachs.