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Bardagy to retire from Comdisco.


ROSEMONT, Ill.--(BUSINESS WIRE)--Nov. 16, 1995--Comdisco, Inc. (NYSE NYSE

See: New York Stock Exchange
:CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the ) today announced that Robert A. Bardagy, executive vice president and president of its International Division and Leasing Products Division, will retire, effective April 30, 1996, after a career spanning 18 years with Comdisco.

Bardagy joined Comdisco in 1978, and in a series of marketing positions, helped the company to grow from $100 million in annual revenues to over $2.2 billion in fiscal 1995. During his career, Bardagy played a key role in the company's diversification Diversification

A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance.

Notes:
Diversification is possibly the greatest way to reduce the risk.
 into medical equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
, electronics manufacturing This article presents a typical manufacturing process of an electronic assembly. Component manufacturing
Components such as resistors, capacitors and integrated circuits are generally made by specialized contractors.
 leasing, venture leasing and Comdisco's portfolio acquisition program, as well as its diversification away from leasing solely IBM-manufactured equipment. Today, these combined segments represent a significant portion of Comdisco's annual revenue and future growth opportunities.

For the past 16 months, Bardagy has been headquartered in Paris, responsible for Comdisco's European operations, with annual revenue of more than $440 million. In 1994, he oversaw o·ver·saw  
v.
Past tense of oversee.
 the acquisition of Promodata, S.A., previously one of France's largest equipment lessors, and the return to profitability of Comdisco's European operations.

Bardagy will remain in Europe until his retirement and will continue to be on Comdisco's board of directors and to be available for consulting projects for the company through 1997. He will also continue to represent Comdisco at numerous industry trade organizations.

Comdisco is one of the world's leading providers of solutions that help organizations reduce technology cost and risk. These services include equipment leasing and remarketing; business continuity and related consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
; systems integration; asset management tools and services; and network design, implementation, and management. Comdisco's revenue totalled $2.2 billion for the fiscal year ended September 30, 1995.

CONTACT: Comdisco, Inc., Rosemont

Mary Moster, 708/518-5147
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 16, 1995
Words:285
Previous Article:LESLIE FAY REPORTS IMPROVED FINANCIAL RESULTS FOR 1995 THIRD QUARTER.
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