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Jersey City company removes CEO's 'interim' tag

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IPC, a provider of solutions for the financial services industry, announced Tuesday that its interim chief executive officer, Neil Barua, has been named permanent CEO, effective immediately.

Barua, who had served as the Jersey City-based company’s interim CEO since February, was previously an operating partner at Silver Lake, a technology investing firm. IPC said in its news release that he will remain CEO of one of Silver Lake’s portfolio companies.

"I am excited and honored to join IPC as chief executive officer," Barua said in the release. "During my time at IPC, I have developed tremendous respect for the people at this company and how we serve our customers as a trusted partner. I'm thrilled to accelerate our current momentum and provide superior trading and connectivity solutions to our customers."

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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