Wednesday March 1, 9:03 am Eastern Time
Company Press Release
SOURCE: Compaq Computer Corporation
Compaq Appoints Jeffrey M. Lynn Vice President and General Manager Of Professional Services
HOUSTON, March 1 /PRNewswire/ -- Compaq Computer Corporation (NYSE: CPQ - news) today announced the appointment of Jeffrey M. Lynn as Vice President and General Manager of Professional Services. Lynn will oversee Compaq's 10,000-person worldwide systems integration and outsourcing services business. Focused on helping customers to architect, plan, design, implement and manage their e-business environments, his team accounts for approximately $3 billion in annual revenue for Compaq. Today's announcement underscores Compaq's commitment to its services business, a key element of the company's strategy to deliver world-class NonStop(TM) eBusiness solutions and services.
``Jeff has the vast services experience and expertise necessary to advance Compaq's aggressive growth plan for the professional services business,' said Enrico Pesatori, Senior Vice President and Group General Manager of Compaq's Enterprise Solutions and Services Group. ``Jeff brings a unique blend of skills combining both in-depth knowledge of Compaq's key target markets, as well as an understanding of the core business issues and requirements faced by customers today. Whether a customer is transforming a traditional business for the Internet or starting up a brand new e-business, Jeff and his team are committed to helping customers simplify the complexity of staying open for business 24x7.'
``Professional services is a critical component for enterprise customers and a tremendous growth opportunity for Compaq,' said Lynn. ``The profile and importance of services in the e-business space will continue to increase dramatically over the coming years, and I firmly believe we have the right combination of skills, experience and partnerships to be at the epicenter of this revolution.'
Lynn joins Compaq from IBM Global Services, where he was Vice President of Global Finance Industry Consulting. There he led consulting engagements for all facets of the financial services industry, including business strategy, business process re-engineering and redesign, management information design, implementation, and operations and technology redesign. Before IBM, Lynn was a partner in the Consulting Division at Ernst & Young. He has also served as Vice President in the Investment Banking Division at Goldman Sachs and Vice President at Citibank.
Lynn holds a Master of Science degree in Management Information Systems from Massachusetts Institute of Technology (MIT). He also received his Bachelor of Computer Science degree from MIT.
Compaq Professional Services, along with Compaq Customer Services, provides full and continuous end-to-end value to enterprise customers with proven e-business services solutions, allowing them to move quickly into new markets and compete at Internet speed. These life-cycle service solutions are delivered through 27,000 seasoned service professionals worldwide.
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