Electronic Data Systems Corp. Brown, and named former Westinghouse Electric Corp. Jordan to the top spot. Brown wrote an e-mail to the computer-services giant's employees after the leadership change Thursday. He wrote that under the leadership of Mr.
Richard Brown's Note to Staff After Ouster as CEO of EDS - WSJ
How do you help me grow my top line? Can you give me some ideas on how to process redesign and simplify and raise productivity? All of these fancy applications get at the basic needs of the income statement: how to collect receivables faster,velocity,and how to move inventory through the business more quickly. These are the fundamental driving forces that are no different than they were in There is less tolerance today for theory about this, and there is a greater expectation for dealing with a company that has a proven record for delivery.
Embattled Electronic Data Systems Corp. Also coming out of retirement is Jeffrey Heller, who will be EDS's president and chief operating officer. Heller retired from EDS in February after 34 years with the company. He was serving as vice chairman at the time and had held the posts of president and COO between and The COO and president positions had been vacant since then.
In addition, former top EDS executive Jeffrey Heller will emerge from retirement to resume the duties of president and chief operating officer for the Plano, Texas-based company. In the statement, the company made oblique reference to problems that have plagued the services company in the past several months under Brown. EDS' board of directors believes the "new management team of Jordan and Heller has the opportunity to move EDS forward unencumbered by past events," according to the company statement. Analyst David Grossman with Thomas Weisel Partners said Brown was facing tough obstacles to regaining credibility and momentum for the company.