New finance chief at EDS

New finance chief at EDS

Outsourcing giant appoints acting CFO

Electronic Data Systems (EDS) has appointed Ron Vargo, its acting chief
financial officer since March, as its new CFO.

Vargo will also retain his duties as treasurer on an interim basis.

‘After a careful evaluation of both internal and external candidates, we felt
Ron was the best choice as our new chief financial officer,’ chairman Mike
Jordan said.

In March, Vargo and Tom Haubenstricker became interim co-CFOs to replace Bob
Swan, who resigned to join eBay.

Prior to joining EDS, Vargo served as corporate treasurer and vice president
of Investor Relations for TRW.

He began his career with General Electric, serving in a number of auditing
and financial positions

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