Schiphol-Rijk, October 22, 2004 – The Board of Directors of Unisys Corporation (NYSE: UIS) announced today that Unisys President and Chief Operating Officer Joseph W. McGrath, 52, will become President and Chief Executive Officer of Unisys effective January 1, 2005. Current Unisys Chairman and CEO Lawrence A. Weinbach, 64, will continue as chairman through January 2006.
Today’s announcement is the result of a succession planning process undertaken by the Board of Directors over the last several years. In April 2004, the Board had elected McGrath president and chief operating officer. Prior to this role, McGrath had been corporate executive vice president and president, Enterprise Transformation Services (ETS), at Unisys.
“Joe is the right person with the right skills to lead Unisys at this point in our evolution,” Weinbach said. “In the five years that Joe and I have worked together, he has made major contributions to our successful transformation to a services-led, technology-enabled provider. Through his vision and leadership, we have transformed the skills and profile of our services business, moved into higher value-added businesses, launched the leading-edge Unisys 3D Visible Enterprise strategy, and achieved good growth in our consulting and systems integration and outsourcing businesses. I am confident that he will lead the company to accelerated profitable growth in the years to come.”
“I am extremely excited by this opportunity,” McGrath said. “I believe we are at an inflection point in the development of the IT services industry – a time when clients are looking for providers with deep industry expertise, in-depth technology understanding, and end-to-end, standards-based services offerings. Because of our work in recent years, Unisys today is positioned to capture this opportunity. We have the right strategy, the right portfolio, and the right people and skills to be a force in this industry, and I look forward to leading the company to the next level of success.”
McGrath joined Unisys in January 1999 as senior vice president of major accounts sales and chief marketing officer. Since that time he has held a number of key management positions, including president and COO and president of Enterprise Transformation Services. Prior to joining Unisys, he was vice president and general manager of Xerox Production Color Systems, and held a number of other sales, marketing and management roles there from 1989 to 1998. He joined Xerox from the Gartner Group, a worldwide information technology firm, where he was vice president and service director. McGrath holds a bachelor’s degree from Rutgers University.
Over Unisys
Unisys is wereldwijd actief in diensten en oplossingen op het gebied van informatietechnologie. De Unisys-medewerkers combineren expertise in consulting, systeemintegratie, outsourcing, infrastructuur en servertechnologie met gedetailleerde kennis van de markt en gedrevenheid. Zo helpen zij klanten in meer dan 100 landen met het snel en efficiënt bereiken van concurrentievoordeel. Meer informatie is beschikbaar op www.unisys.com.
Noot voor de redactie
Meer informatie:
Femmy de Rijk, Manager External Communications
Unisys Nederland
Tel. (020) 526 75 15 Email: femmy.derijk@nl.unisys.com
of
Aad Jan Roos, senior consultant
Sterk Werk Communicatie
Tel. (010) 456 78 49 Email: aadjan.roos@sterkwerk.nl