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Conference 7.286::digital

Title:	The Digital way of working

Moderator:	QUARK::LIONELON

Created:	Fri Feb 14 1986
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	5321
Total number of notes:	139771

1741.0. "Gerrity elected to DEC's Board of Directors" by SDSVAX::SWEENEY (Teach all nations) Fri Jan 24 1992 11:43

    Wouldn't post this except that it was in the Wall Street Journal, not
    in LIVEWIRE, and  it's a matter of some interest to readers here.  By
    the way, a director represents the interests of the shareholders in the
    certain decisions made with the management of a corporation, among the
    most important are dividends and executive compensation.
    
Copyright � Dow Jones & Co. 1991
Source: Business Wire
Headline: 
 Thomas P. Gerrity elected to board of directors of Digital Equipment Corp.
Time: Jan 23 1992 1419


Story: 
  MAYNARD, Mass.--(BUSINESS WIRE)--Thomas P. Gerrity, 49, has been elected to 
Digital Equipment Corporation's Board of Directors.
  In announcing his election, Digital President Kenneth H. Olsen said, ``Dr. 
Gerrity is a leading authority on the strategic use of information technology. 
 We are pleased to have him joining Digital's Board of Directors, and are 
confident that with his expertise, he will make significant contributions to 
Digital.''
  Dr. Gerrity is dean of the Wharton School of the University of Pennsylvania. 
 Prior to this appointment in July, 1990, Dr. Gerrity founded and served as 
chief executive officer of Index Group, Inc. from 1969 to 1989.  The Index 
Group is one of the world's leading consulting firms in information technology 
management.  In 1988, Index Group became part of Computer Sciences 
Corporation, for which Dr.  Gerrity served as president of CSC Consulting, the 
commercial professional services group of Computer Sciences Corporation.
  A Rhodes Scholar in industrial economics at Oxford University, Dean Gerrity 
received his doctorate in management from the Sloan School of Management at 
the Massachusetts Institute of Technology (MIT).  He also served on the Sloan 
School's faculty for four years, between 1968 and 1972.  Gerrity received his 
bachelor's and master's degrees in electrical engineering from MIT.
  Dr. Gerrity is a director of the Federal National Mortgage Association 
(Fannie Mae), Sun Company, Inc. and Technology Leaders L.P.  His other 
business and scientific affiliations include the Society for Information 
Management, Data Processing Management Association and the Institute of 
Management Sciences.
  Digital Equipment Corporation, headquartered in Maynard, Massachusetts, is 
the leading worldwide supplier of networked computer systems, software and 
services.  Digital pioneered and leads the industry in interactive, 
distributed and multivendor computing. Digital and its partners deliver the 
power to use the best integrated solutions - from desktop to data center - in 
open information environments.
           CONTACT: Digital Equipment Corp., Maynard
             Nikki Richardson, 508/493-6369
14:04 ET

T.R	Title	User	Personal Name	Date	Lines
1741.1	Wonder if he owns any DEC stock...	YNGSTR::BROWN		`Fri Jan 24 1992 11:47`	1

1741.2		COOKIE::LENNARD	Rush Limbaugh, I Luv Ya Guy	`Fri Jan 24 1992 11:52`	4
	Hope he's not that dumb. Hmmm, at 49, that makes him the only member of the board born in this century (ignoring KO of course). OK...slight exaggeration, but Hope y'all see my point.
1741.3		JUPITR::BUSWELL	We're all temporary	`Fri Jan 24 1992 14:11`	11
	that's not a problem I wouldn't let you on my board unless you were older than 50. Age might be why this place is poorly run. Maybe we need more people over 50-60 with proven track records, instead of people that think work is a place to study. buzz
1741.5	It all makes sense, now... :-)	DTIF::RALTO	I survived CTC	`Sat Jan 25 1992 22:08`	8
	re: K.O., at 65, the youngest board member Fascinating, if true. It would certainly explain a lot. They probably burned up all their excitement when log-log slide rules came out. No wonder DEC didn't know what to do with PC's a decade ago. Chris
1741.6	The board needs some young blood	SALEM::KUPTON	Pasta Masta	`Sun Jan 26 1992 08:11`	9
	We all know that young people don't have proven track records and can't make decisions. Look at companies like APPLE. Just a few years ago they didn't have a board member over thirty..... Look at the proven track record of the US Senate and House. Average age is over 50 and look how well they do with their "proven track record". re: Buzz...... you're age criteria like a bucket with no bottom. Ken
1741.7	another one who needs to rise gradually...	BROKE::BROKE::WATSON	man from another place	`Sun Jan 26 1992 09:08`	5
	...and when Bill Gates grows up he might be ready for a management job... Andrew.
1741.8	posted 1/27/92	ICS::SHERMAN		`Tue Jan 28 1992 11:45`	40
	This was posted on LIVE WIRE 27 January. ---------------------------------------------------------------------- )0lqwqwqwqwqwqwqkTM[51Cqqrrsssrrqq xdxixgxixtxaxlx[19CWorldwide News LIVE WIRE mqvqvqvqvqvqvqj[53Cqqppoooppqq [7m Thomas P. Gerrity elected to Digital's Board of Directors [m Dr. Thomas P. Gerrity has been elected to Digital's Board of Directors. Dr. Gerrity is dean of the Wharton School of the University of Pennsylvania. Prior to this appointment in July, 1990, he founded and served as chief executive officer of Index Group, Inc. from 1969 to 1989. The Index Group is one of the world's leading consulting firms in information technology management. In 1988, Index Group became part of Computer Sciences Corporation, for which Dr. Gerrity served as president of CSC Consulting, the commercial professional services group of Computer Sciences Corporation. A Rhodes Scholar in industrial economics at Oxford University, Dean Gerrity received his doctorate in management from the Sloan School of Management at the Massachusetts Institute of Technology (MIT). He also served on the Sloan School's faculty for four years, between 1968 and 1972. He received his bachelor's and master's degrees in electrical engineering from MIT. [67CMore [7m --> [m )0lqwqwqwqwqwqwqkTM[51Cqqrrsssrrqq xdxixgxixtxaxlx[19CWorldwide News LIVE WIRE mqvqvqvqvqvqvqj[53Cqqppoooppqq [7m Thomas P. Gerrity, cont'd [m Dr. Gerrity is a director of the Federal National Mortgage Association (Fannie Mae), Sun Company, Inc. and Technology Leaders L.P. His other business and scientific affiliations include the Society for Information Management, Data Processing Management Association and the Institute of Management Sciences. [23;1H To return to the previous menu, press [7m PF3 [m
1741.9	Looks like a good addition to me	LACGID::BIAZZO	Can tune a VAX but can't tuna fish	`Wed Jan 29 1992 10:01`	10
	Gerrity looks like a very good addition to me. Maybe he can inject some life into things based upon his unbiased experience in the industry. I too see nothing wrong with new young blood. It seems to me that the companies with the "seasoned" management teams are the ones that are in the deepest sneakers today. Read IBM, GM, DEC, Pan AM, Chrysler, shall I go on? I have personally met one of our current directors and had the displeasure of spending several hours one saturday morning in his mansion setting up his Rainbow PC. With that clown on the board its no surprise to me that we have the problems we do.