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 SunGard has 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 (pictured) 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.”
www.availability.sungard.com
•Date: 10th June 2010 • Region: US/World •Type: Article •Topic: BC markets
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