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David Flaschen, who has 20 years of executive
experience in the information services industry,
joined Castanea Partners as an Operating Partner.
Prior to joining Castanea, David was a Managing
Director at Flagship Ventures, having joined the
firm in 2000. Prior to Flagship, he was the President
and Chief Executive Officer of Thomson Financial,
a billion dollar information services company
focused on the financial industry.
Previously, David served as Chairman and Chief
Executive Officer of Donnelley Marketing Inc.,
a venture capital-backed consumer information
services firm that was acquired by First Data
Corporation. Prior to 1995, he was with Dun and
Bradstreet for 10 years including serving as the
President of AC Nielsen, North America, a company
that provides market research, information and
analysis to the consumer products and service
industries. Prior to AC Nielsen, David was at
IMS, an information solutions company for the
pharmaceutical and healthcare industries, where
he was a pioneer in software development outsourcing
which led to the founding of Cognizant (NASDAQ:
CTSH).
David has served as a Director/Investor of TripAdvisor (purchased by Interactive Corp, NASDAQ: IACI), BuyerZone (purchased by Reed Elsevier NYSE: RUK and ENL), e-Dialog (purchased by GSI Commerce), Affinity Express (purchased by Ayala Corporation PSE: AC), and OnExchange (purchased by The Options Clearing Corp). He serves as a Director and Audit Committee Chair of Paychex, Inc. (NASDAQ: PAYX) as well as several privately held companies including Maptuit, Panraven, City Voter, and Gold Bamboo. David also serves as an investor and advisor to Affinnova. Black Duck, Azima, and DebtX, David was a founding investor in the management buyout of Survey Sampling, Inc. that was acquired in 2004 by Providence Equity Partners. He is a frequent speaker on Corporate Governance and was cited as one of ten by Corporate Board Member Magazine in “The Next Generation of Directors.”
David has a degree from Brown University and
earned an MBA from the Wharton School, University
of Pennsylvania. Between undergraduate and graduate
education, David was a professional athlete in
the North American Soccer League (NASL). He was
a first round draft choice and founding member
of the Executive Committee of the NASL Players
Association.
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