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EDS Silent On New CEO's IT Consulting Past

Posted by timothy on from the rubber-chicken-circuit dept.

theodp writes "Slate reports on the press release issued by IT consulting giant EDS to announce new CEO Michael H. Jordan that curiously doesn't show Jordan to have any experience in the IT consulting field. In the late '90s, Jordan helped create IT consulting firm Luminant, took it public, and served as chairman of its board for 21 months. Luminant raised $80+ million from its IPO and paid $422 million to buy businesses as part of its pure-play roll-up strategy before filing Chapter 11 and having its assets sold for a mere $3 million. Slashdot readers may remember Luminant as the wacky workplace of My Fake Job, in which an ex-"Late Night" writer described 17 days he spent faking a job at the dot-com."

2 of 114 comments (clear)

  1. Pardon my ignorance... by yokem_55 · · Score: 0, Offtopic

    But is this Micheal Jordan the same Micheal Jordon who played basketball or is this someone else?

    --
    ...and IN SOVIET RUSSIA, beowulf clusters imagine 1, 2, 3 profit!!!! jokes made out of YOU!!!
  2. Re:Why EDS Sucks by liveD+ehT · · Score: 0, Offtopic

    I would argue that they are not Evil enough, but I'm The Devil so I guess that doesn't count.