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Initially created as a data services provider to the financial services industry, Deason led ACS’s expansion into the communications, education, financial services, government, healthcare, insurance, manufacturing, retail, and travel and transportation industries.In 1995 ACS became a public company and divested bank data processing.But then I saw all the yachts [in the harbor] and thought, One day I am going to own one of those boats.” That was quite a dream for a formerly landlocked Arkansas farm boy whose family often didn’t have a dollar to spare for movies.He left his hometown the day after high school graduation, with borrowed from his dad and a 1949 Pontiac.The investors were not successful, and the .4 billion deal closed in 2010. He bought his first boat, a 14-foot Aristo Craft, in his early 20s. “All my life, the boat is the only place I’ve truly been able to relax.” The more successful he became, the bigger his boats.
In 2009, ACS ranked #401 on the FORTUNE 500 list and employed about 74,000 people around the world who served thousands of commercial and government clients.
The former CEO Jeff Rich retired in the beginning of the year, taking an .4 million buyout of his backdated options.
The .4 million buyout of his backdated options resulted in no bonuses to be handed out to the entire company.
Interop ITX and Information Week surveyed technology decision-makers to find out, read this report to discover what they had to say!
Is Dev Ops helping organizations reduce costs and time-to-market for software releases? Find out in this Information Week and Interop ITX infographic on the state of Dev Ops in 2017.