SSA Announces New Chairman/CEO in a Bid to Stop Its Agony
P.J. Jakovljevic - September 24, 1999

Event Summary

Languishing enterprise software vendor System Software Associates (SSA--Chicago, IL) named Robert Carpenter as its new Chief Executive and Chairman of the Board. Carpenter succeeds the retiring William Stuek, the former IBM executive put in charge of SSA's turnaround several years ago. While Stuek was able to stabilize the company during his tenure, it has never regained its former industry position. Carpenter comes to SSA from systems integrator Origin B.V. (Eindhoven, the Netherlands), the IT arm of Dutch corporate giant Phillips, where he was president and CEO of Origin America (Murray Hill, New Jersey). While at Origin, Carpenter significantly increased both the company's IT services and outsourcing revenue, turning it into a profitable venture...