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Joseph Tucci is a president, the chairman of the board of directors and the chief executive officer of EMC. In September, 2011 announced that at the end of 2012 the post will leave.
The position of the chairman of the board of directors Tucci is held since January, 2006, by a position of the president and chief executive officer – since January, 2001. Under the leadership of Tucci the company significantly expanded the portfolio, having released products not only for large, but also for the enterprises of small and medium business.
Biography
Tucci received the bachelor's degree in College of Manhattan and degree of the master of business policy at the University of Colombia.
Started the career in RCA company as the programmer.
Since 1990 managed financial and operating activities of Wang Global as the chairman of the board and the chief executive officer within six years. Being in this company, it helped it to avoid bankruptcy, further having turned it from the computer maker of average value into the large supplier of network solutions.
Since January, 2001 Joe Tucci takes a position of the president and chief executive officer of EMC.
Since January, 2006 – the president, the chairman of the board of directors and the chief executive officer of EMC.
2015
EMC can appoint Tucci's receiver
Board of Directors Emsozhidayet that the chief executive and the head of the company Joe Tucci will report the post to the receiver in February, 2015, reports Bloomberg.
Up to this point Tucci will fulfill the duties within the updated labor agreement. Earlier was declared that he can leave the post in 2013. Most likely the receiver will be from EMC.
It is planned that after Tucci's resignation will hold a post of the chairman of EMC and will be a majority shareholder of VMware. EMC paid to Tucci an award in the amount of 8 million dollars for achievement of effective objectives.
It is announced Joe Tucci's resignation
On October 12, 2015 it was announced Joe Tucci's leaving from a post of the CEO and the chairman of the board of directors of EMC. However he will resign the authority not at once but only after merge of the company headed by it to Dell.
It is going close the deal on consolidation of assets of Dell and EMC during the period from May to October, 2016. Till this time of Joe Tucci expects to remain at the head of EMC. After the companies issue merge, the joint IT giant the CEO of Dell Michael Dell will head.
As notes the USA Today edition, Joe Tucci's resignation will mark itself the end of an old era of the IT industry when eminent technology corporation the person aged directs. By October 13, 2015 Tucci 67 years, he is at the helm EMC since 2001.
Joe Tucci will fill up the list of heads of the IT giant which began blossoming of business in the 1990s. Earlier resigned Larry Ellison (Larry Ellison; 71 years, he ran Oracle of 37 years), John Chambers (John Chambers; 66 years, headed Cisco since 1995) and Steve Ballmer (Steve Ballmer; 59 years, there was a CEO of Microsoft for 13 years). Younger heads who conduct the companies in the conditions of the growing popularity of mobile and cloud computing came to their change.
At the beginning of 2015 Joe Tucci announced intention to retire. However, being the chairman of the board of directors of EMC, he was not under pressure to resignation. Pressure nevertheless was: the hedge fund of Elliott Management which took shares of the manufacture of disk storages for the amount of $1 billion called the management for carrying out restructuring for the purpose of increase in shareholder value. As a result of Joe Tucci began to conduct negotiations on merge of EMC and Dell with Michael Dell.
By estimates of researchers of Equilar, after leaving Joe Tucci's EMC will receive compensation in the amount of $27.2 million. Here enter cost of the stocks owned by the top manager and an award which size is tied to financial performance of EMC.[1]
2018
As of June, 2018 is not any more an employee of Dell EMC company where earlier held a post of the chairman of the board of directors.
Other activity
Tucci is a member of council on science and technologies at the U.S. President (PCAST) and also the member of Business Roundtable – groups of chief executive officers of the largest companies in the USA. Joe is also one of nine chief executives of the Technology CEO Council organization. Is a part of Executive Committee of TechNet.
Joe Tucci is a part of Board of Directors of Paychex company, is an advisory board member of School of management of Carroll at College of Boston, an advisory board member of the Tsinuan University in Beijing and the member of council exercising control over private Northeastern University, Boston, Massachusetts, the USA.
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Notes
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