Andrew Stern Appointed Chief Executive Officer of SunGard Availability Services
June 9, 2010 — Wayne, PA
SunGard today announced that Andrew Stern has been appointed chief executive officer of SunGard Availability Services.
Mr. Stern, age 52, was previously chairman and chief executive officer of USinternetworking Inc. (USi), an application service provider that was acquired by AT&T in 2006. Subsequently, he led AT&T’s hosting and application services business. Earlier in his career he was a partner with Booz, Allen & Hamilton, an international management and technology consulting firm, and also was executive vice president, strategy and reinsurance operations at insurer USF&G Corporation. Mr. Stern holds a BS in electrical engineering and computer science from Massachusetts Institute of Technology and an MBA from the University of Chicago Graduate School of Business.
Cristóbal Conde, president and chief executive officer of SunGard, said: “We are pleased to welcome Andy to SunGard. Availability Services is an important part of SunGard’s business and it continues to generate strong operating margins and significant cash flow. It has a strong competitive position and a clear strategy for growth. Andy’s focus will be on delivering value to our customers as we continue to augment our recovery services and managed services offerings with highly available and resilient enterprise-grade cloud computing services.”About SunGard Availability Services
SunGard Availability Services provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software to more than 10,000 customers in North America and Europe. With five million square feet of datacenter and operations space, SunGard assists IT organizations across virtually all industry and government sectors to prepare for and recover from emergencies by helping them minimize their computer downtime and optimize their uptime. Through direct sales and channel partners, we help organizations ensure their people and customers have uninterrupted access to the information systems they need in order to do business. To learn more, visit www.availability.sungard.com
or call 1-800-468-7483.About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. To learn more, visit www.sungard.com
Trademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.