SAP Chief Executive William R. McDermott Joins PAETEC Board.Business Editors ROCHESTER, N.Y.--(BUSINESS WIRE)--April 8, 2004 PAETEC Communications Inc., a communications provider serving 27 markets nationwide, today announced the appointment of William R. "Bill" McDermott, chief executive officer and president of enterprise software leader SAP America, Inc., to its Board of Directors. "We are thrilled that Bill McDermott has agreed to join our Board," said Arunas A. Chesonis, Chairman 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. . "He is a widely respected corporate leader with an outstanding track record of achieving growth for the companies with which he's worked. His business know-how will be of immeasurable benefit to PAETEC." An award-winning corporate leader, Mr. McDermott, 42, has earned a reputation for engineering phenomenal business performance. In his first year at the reins of SAP America, the company delivered four consecutive quarters of significant market share gains and revenue increases, as well as improved employee and customer satisfaction. He has sustained that growth, managing SAP's strategic business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada with more than 5,000 employees. Before joining SAP, Mr. McDermott was executive vice president for worldwide sales at Siebel Systems, where he led global sales and field operations. He also served as president of Gartner Inc., overseeing its research, consulting, measurement, software, interactive business operations, as well as its global sales and service operations. Mr. McDermott spent 17 years at Xerox Corp., where he rose steadily through the ranks of the sales and marketing divisions as well as executive management, eventually becoming the firm's youngest corporate officer and division president. In 1997, Mr. McDermott's team received the Baldrige Award, the nation's highest honor for business performance. It is presented annually by the President of the United States The head of the Executive Branch, one of the three branches of the federal government. The U.S. Constitution sets relatively strict requirements about who may serve as president and for how long. for outstanding achievement in leadership, strategic planning, customer and market focus, information and analysis, human resources, process management and business results. Mr. McDermott is an active civic leader and advocate for social responsibility in business. He is a board director for the Washington-based Welfare-to-Work Partnership, which promotes career opportunities for former welfare recipients. He is also a member of the Business Roundtable Business Roundtable (BRT), an association consisting of the chief executive officers of major U.S. corporations that was founded in 1972 through the merger of the three preexisting business organizations. , the Enterprise Software Roundtable, the Advisory Board for Villanova University in Villanova, Pennsylvania, Dowling College Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. , and the KIPP KIPP Knowledge Is Power Program School National Advisory Board. About PAETEC PAETEC Communications Inc., a subsidiary of PAETEC Corp., is a communications solutions provider offering broadband services, including advanced voice and video, enhanced data and communications management services to medium-sized and large businesses, colleges and universities, hospitals, hotels, governmental organizations and associations. The company boasts one of the highest customer retention rates in the industry, and recently achieved the number two ranking on the acclaimed Deloitte Fast 500 list of high technology companies in North America. Headquartered in Fairport, N.Y., PAETEC serves customers in 27 U.S. markets, including: Albany, Baltimore, Boca Raton, Boston, Buffalo, Chicago, Connecticut, Delaware, Fort Lauderdale, Long Island, Los Angeles, Miami, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , New Jersey, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Orlando, Orange County, Philadelphia, Pittsburgh, Poughkeepsie, Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. , Rochester, San Diego, Northern Virginia, Syracuse, Washington D.C., and Western Massachusetts. For more information, visit the PAETEC website at www.paetec.com. |
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