EMC Names Bill Teuber Vice Chairman; Eleven-year EMC Veteran to continue in CFO Role; Executive Vice Presidents Elias and Hauck Also Assume New Responsibilities.HOPKINTON, Mass. -- EMC Corporation EMC Corporation (NYSE: EMC) is an American Fortune 500 and S&P 500 manufacturer of software and systems for information management and storage. It is headquartered in Hopkinton, Massachusetts, USA. (NYSE NYSE See: New York Stock Exchange :EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. ), the world leader in information management and storage, today announced that Bill Teuber, the company's longtime long·time adj. Having existed or persisted for a long time: a longtime friend; a longtime resident of Detroit. longtime Adjective Chief Financial Officer, has been appointed to the newly created executive position of Vice Chairman. Teuber will continue to serve as CFO See Chief Financial Officer. of EMC, a role he has held since 1997, and will continue to report to Joe Tucci, EMC Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]EMC also announced new responsibilities for Executive Vice Presidents Howard Elias and Frank Hauck. Elias will lead a newly formed EMC Global Services organization. Hauck will lead Global Marketing and Customer Quality. Each will continue to report to Tucci. E[acute accent]Tucci said, "The quality, depth and versatility of our senior management team are tremendous advantages for EMC, enabling us to continually evolve to meet customer needs in a fast-moving environment. Bill Teuber has played a pivotal role in EMC's ongoing transformation and sustained profitable growth. He has instilled excellent financial discipline across the company, helped to create a financial model that strikes the right balance between growth, investment and profitability, and built one of the strongest balance sheets in all of technology. He will continue to provide that leadership as CFO. In his expanded role, Bill brings an outstanding set of skills and experiences and will assist me in executing some of the key functions of my office." E[acute accent]Teuber joined EMC in 1995 as Vice President and Corporate Controller, and became CFO in 1997. EMC's revenues have grown from $1.9 billion in 1995 to $9.66 billion in 2005, and cash and investments have grown from approximately $500 million in 1995 to more than $7.4 billion at the end of last year. Over the same time frame EMC has effectively leveraged its strong financial position to acquire more than $6 billion in software, systems and services companies, and now invests more than $1 billion annually in research & development. E[acute accent]Elias, who joined EMC in 2003 and most recently led the company's Global Marketing, Corporate Development and New Ventures, has now been named Executive Vice President of EMC Global Services, which will be comprised of EMC's award-winning Customer Service and burgeoning Technology Solutions, Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , Consulting, and Customer Education organizations. Tucci said, "More and more of our customers are looking to EMC to provide an end-to-end information lifecycle management Information Lifecycle Management refers to a wide-ranging set of strategies for administering storage systems on computing devices. Specifically, four categories of storage strategies may be considered under the auspices of ILM. experience that marries our best-of-breed products with the expert services that help customers plan, build, manage, and support their ILM solutions and information infrastructures. Howard's extensive industry experience and proven EMC leadership will enable him to help us set the strategy and create the best practices to deliver a seamless service experience to our customers." E[acute accent]Hauck, a 15-year EMC veteran who had held a series of senior executive positions, is now Executive Vice President of EMC Global Marketing and Customer Quality. In his most recent role managing Customer Quality and Services, Hauck has led EMC's Total Customer Experience and Six Sigma Not to be confused with Sigma 6. Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. initiatives across the entire company, which he will continue to do. Tucci said, "Marketing, TCE TCE trichloroethylene. TCE Environment A volatile chlorinated hydrocarbon that boils at 88ºC and is highly soluble–1000 ppm in water, with various industrial uses Toxicity Peripheral neuropathy, carcinogenic. , and Quality are all deeply intertwined. They center on aligning everything we do with customers' needs and enhancing our customers' experiences with EMC as well as the success of those who sell and support EMC's offerings. Frank has always been a passionate customer advocate with a relentless approach to ensuring that everything begins with our customers. By bringing these capabilities together in one organization, we will help strengthen EMC's ability to deliver a consistent, responsive, and high-quality experience to every customer." E[acute accent]About EMC E[acute accent]EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information management and storage that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com. E[acute accent]EMC is a registered trademark of EMC Corporation. All other trademarks are the property of their respective owners. |
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