Unisys has named a former managing partner of Arthur Andersen as its new chairman, president and chief executive, a move that signals its plan to pin its future firmly on services.
Lawrence Weinbach, formerly managing partner of Andersen Worldwide, replaces James Unruh, who surprised the industry with his resignation announcement in June. Unruh was part of the search committee that appointed his replacement.
The appointment of a man who has never worked for a publicly held company and who has worked at the giant accounting and consultancy firm since 1961 came as a surprise to many. Most established IT companies tend to select chief executives who have worked for a number of sales-led organisations. Weinbach said his first aim is to cut Unisys? debt, which stands at $2.3 billion.
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