Skip Links

Network World

  • Social Web 
  • Email 
  • Close

Unisys CEO steps down

By Mikael Ricknäs , IDG News Service , 09/23/2008
  • Share/Email
  • Comment
  • Print

Unisys CEO Joseph McGrath will resign his position, the company said Tuesday.

McGrath, who will continue running day-to-day operations until a successor has been found, has held the top job since 2005, but the board is now searching for a new leader to move the company forward.


Wall Street is burning, but these fat cats will be just fine
What network CEOs really make
Top perks for tech executives


On July 23 Unisys reported that revenue for the second quarter of 2008 declined 3 percent to $1.34 billion from $1.38 billion in the year-ago quarter.

The company's strategic focus was outsourcing, enterprise security, and open source services, in the face of lower revenue during the quarter, primarily due to weakness in the financial services industry, McGrath said in July.

Recently it also announced the availability of its services-based solutions for Microsoft Windows Server 2008 Hyper-V and the Microsoft System Center management suite.

  • Share/Email
  • Comment
  • Print
Comment
Login
Forgot your account info?
Add comment
Anonymous comments subject to approval. Register here for member benefits.
Have a NetworkWorld account? Log in here. Register now for a free account.

Videos

rssRss Feed