|
CA: William E.
McCracken Is CEO
January 29, 2010
McCracken
previously served as executive chairman since John A. Swainson’s
retirement was announced in September 2009. McCracken now holds both the
CEO and chairman of the board positions at the Company.
“Over the past five months, Bill has helped direct the day-to-day
management of CA and has been integral in developing and executing the
strategy to position the Company for market leadership,” said Gary J.
Fernandes, lead independent director at CA, who headed the Board search
committee. “We had the benefit of watching him lead the Company and it
became evident to us that Bill McCracken has the knowledge, industry
expertise, and experience to take CA to the next level. The Board
unanimously decided that Bill was the best choice to sustain the
Company’s momentum and lead it going forward.”
“I am honored to be selected as CEO by the board of directors of CA,”
said McCracken. “Through the years, and especially over the past five
months, I have seen firsthand the passion and dedication that the CA
team brings to its customers each and every day. We have great people,
products and a clear strategy that will not only unlock the full
potential of CA, but will guide our growth today and in the future.”
McCracken,
67, joined CA’s Board of Directors in 2005 and became non-executive
chairman in 2007. Prior to joining CA, McCracken held numerous executive
positions at IBM during his 36-year tenure, most recently as a member of
the Chairman's Worldwide Management Council and general manager of IBM's
printing division. He previously served as president of IBM's EMEA and
Asia PC Company and as general manager of marketing, sales and
distribution for IBM PC Company.
McCracken has been the president of Executive Consulting Group, LLC, and
was a director of IKON Office Solutions. He is also a participant in the
Chairmen’s Forum of the Millstein Center for Corporate Governance and
Performance at the Yale School of Management. In 2009, McCracken was
named by the NACD Directorship as one of the top 100 most influential
people in the boardroom. |