FRAMINGHAM (04/25/2000) - Gartner Group Inc. has named former Xerox Corp. corporate officer William R. McDermott to the newly created position of president.
The 38-year-old McDermott will move into the post at Gartner May 15 and will report to Gartner CEO and corporate board member Michael D. Fleisher, said company spokesman Carol Wallace.
"(McDermott) has about half the executive team reporting to him," Wallace said.
"He is a terrific people manager and is very good at motivating large organizations."
Wallace said Gartner created the position of president to deal with the company's recent growth. In March, Gartner bought the TechRepublic Inc. Web site. Gartner also closed a deal with Silver Lake Partners LP that brought an investment of $300 million to Gartner in the form of a convertible bond.
"Michael and the leadership team have been working on a lot of new opportunities," Wallace said. The decision to create the president's position represents "a reinvestment in managing our current business and making sure we have the energy at that level, too," Wallace added.
McDermott will oversee Gartner's research unit, services division, interactive channel and sales and events organization. Fleisher will oversee Gartner's finance, new business development, international division and TechRepublic.
"They will be working very much side by side," Wallace said.
Prior to coming to Gartner, McDermott spent 17 years at Xerox, where he worked his way up to president and corporate officer of the company's $4 billion, 21,000-employee U.S. major accounts operations, according to a release from Gartner.
McDermott said he was "thrilled" to be joining Gartner, according to the statement.
In other news, Gartner also announced it will be using its new eMetrix system to measure business-to-business electronic-commerce. The eMetrix is a real-time monitoring tool that will "allow e-businesses to react to critical changes across all business and technology areas," a company statement said.
The new tool is powered by InfoRay, a Cambridge, Massachusetts-based maker of real-time business monitors. Founded in the Netherlands, InfoRay moved to Massachusetts last year.