 |
|
DAILY NEWS AND INFORMATION
FOR THE GLOBAL GRID COMMUNITY / MAY 19, 2003: VOL. 2 NO. 20
|
Breaking News -
General:
Computer Associates Names Gary J.
Fernandes to Board
Computer Associates International Inc, a leading provider of managing on-
demand computing solutions, has announced that former EDS Vice Chairman Gary
J. Fernandes has been elected to its Board of Directors, effective May 16,
2003. The announcement was made by CA Chairman and Chief Executive Officer
Sanjay Kumar.
Fernandes, 59, retired from EDS Corporation in 1998 after nearly 30 years
with
the company and has extensive experience in technology and technology
services. Besides serving the company as vice chairman, he also was a member
of the EDS Board of Directors from 1984 to 1999. He is credited with greatly
expanding EDS' business and extending it into its most important U.S. and
international markets.
"Gary Fernandes brings a wealth of knowledge to CA's Board of Directors,"
Kumar said. "Not only does Gary have extensive experience in software and
services, but he also has considerable experience in corporate governance
through his 15 years as a member of the EDS Board of Directors. The ability of
CA to attract a board member of Gary Fernandes' caliber speaks strongly to the
progress we've made in becoming the 'gold standard' for corporate
governance."
CA's ten-person board includes eight outside directors and two inside
directors.
"CA is a company on the move," Fernandes said. "Over the past few years,
the
company has taken forward looking steps in implementing an industry-leading
business model, introducing some of the most innovative products in the
software industry and putting in place a structure that puts customers at the
center of everything it does. I am looking forward to being a part of that
type of environment."
After leaving EDS in 1998, Fernandes served as the chairman and chief
executive officer of Groceryworks.com, an online grocery service now part of
Safeway, and co-founded Convergent Partners, a venture capital fund focusing
on buyouts of technology-related companies.
Fernandes also serves as a member of the Board of Directors of 7-Eleven
Inc,
webMethods Inc, Anacomp Inc and BancTec Inc. He has also been on the boards of
PageNet, Unigraphics Solutions and A.T. Kearney.
|