Unisys has named former PeopleSoft president and CEO Craig Conway to its board of directors.
Conway also serves on the boards of Salesforce.com and Kazeon Systems.
After several rollercoaster years, Unisys, one of the dinosaurs of IT, is looking to reinvent itself as a profitable computer services-led company. After CEO Joseph McGrath shed staff and unprofitable business units and outsourced production of hardware, the Blue Bell, Pennsylvania-based company is looking to boost services revenue from open source and security software and Microsoft data centers.
Conway became CEO of ERP software makers PeopleSoft in 1999 and helped the company move its applications onto the Internet. He was pushed out in 2004 after doggedly resisting a hostile takeover bid by rival Oracle.
Unisys’s history can be traced back to the 1870s as a manufacturer of typewriters. It has since gained a reputation for being one of the biggest providers of computers for governments and large corporations, such as the UNIVAC which it started selling in 1949.
But the company is in the middle of another rocky patch. Unisys stock has nosedived 21% since it reported a wider than expected loss for its last quarter. The company blamed softness in its systems integration and consulting businesses.