EDS Reorganizes for a Value-Added Treasury

Ochs, Joyce R.; Parkinson, Kenneth L.
January 2001
Financial Executive;Jan/Feb2001, Vol. 17 Issue 1, p40
Academic Journal
The article focuses on challenges faced by the Scott Krenz, Treasurer of Electronic Data Services (EDS), a $19 billion provider of consulting and information technology services. Krenz had previously served as chief executive officer for Europe, the Middle East, and Africa. He decided dividing treasury activities into domestic and international sections was inefficient, so he consolidated all of them. He also wanted his department to be more than a traditional cost center and add value to the firm's operations.


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