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Tuesday, May 27, 2008

Hendricks to leave Unisys for EDS

Unisys Corp. is losing one of its senior executives.

Randy J. Hendricks, president of Unisys' Global Industries business unit, will step down from the Blue Bell computer services company on June 15. The company reported it in an 8-K filing with the Securities and Exchange Commission today.

Hendricks is joining Electronic Data Systems Corp. to lead that Texas company's Applications Services and Systems Integration unit.

Hendricks, who was listed in the 2007 proxy statement as one of Unisys' most highly compensated officers, was promoted in January to executive vice president and his other current title. He's been an officer at Unisys since 2003.

Unisys, which was being been pressured by a big shareholder to break up the company, last week agreed to add representatives of that investor to its board and to hire Goldman Sachs to help it evaluate alternatives.

Hendricks must be comfortable with the situation that he's going to join at EDS. Hewlett-Packard Co. agreed to buy EDS on May 13 for about $13.9 billion.

Posted by Mike Armstrong @ 3:45 PM  Permalink | Post a comment
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About Mike Armstrong
Mike Armstrong, a business editor and writer for nearly two decades, is the Inquirer's business columnist and PhillyInc blog editor. Contact Mike via e-mail or at 215-854-2980
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