White House to Name EM' Tucci to Presiden' Council of Advisors on Science and Technology
Hopkinton, Mass. - Wednesday, March 1, 2006
This week U.S. President George W. Bush announced his intention to appoint Joe Tucci, Chairman, President and Chief Executive Officer of EMC Corporation (NYSE:EMC), to become a member of the President's Council of Advisors on Science and Technology (PCAST). EMC is the world leader in information management and storage.
PCAST, which operates under the Office of Science and Technology, advises the President on matters of science and technology policy. Tucci was one of 14 leaders announced this week by the White House that will be appointed to the Council. Council members are distinguished individuals drawn from industry, education, research institutions and other non-governmental organizations.
Tucci said, "I am honored to be included among such a distinguished group of technologists, scientists, academics and business leaders. Today the U.S. is driving the world's innovation engine through advancements in information technology and scientific research. Continued focus and investment in these areas, along with an increased commitment to improving our nation's math and science education, is critical to maintaining our position of leadership."
Tucci has been EMC's Chairman since January 2006 and President and CEO since January 2001, one year after he joined the company as President and Chief Operating Officer. With approximately 26,500 employees operating in more than 50 countries, EMC is the world leader in products, services and solutions for information management and storage. In 2005, EMC invested over $1 billion in research and development and reported revenues of $9.66 billion. Its current market capitalization places EMC among the 10 most valuable information technology product companies in the world.
Before joining EMC, Tucci directed the financial and operational rebirth of Wang Global during six years as its Chairman and CEO. Under his leadership, Wang emerged from Chapter 11 bankruptcy protection and transformed from a midrange computer manufacturer into a world leader in networked technology services and solutions.
Tucci is one of 160 CEO members of the Business Roundtable and the former chairman of its Task Force on Education and the Workforce. Under Tucci's leadership, the Task Force released "Tapping America's Potential: The Education for Innovation Initiative," a significant report on the U.S. talent pipeline in science, technology, engineering and math. The report was co-sponsored and signed by presidents of 15 major national business organizations. Tucci is also one of nine chief executives who steer The Technology CEO Council, the IT industry's leading public policy advocacy organization, and he is a member of the Executive Committee of TechNet, a network of CEOs who work to advance U.S. global leadership in innovation.
EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information management and storage that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com.