Washington DC – The National Foreign Trade Council today congratulated its Board Chairman Michael H. Jordan on being named Chairman and CEO of Electronic Data Systems (EDS).
“Michael Jordan is a solid and proven business leader with many significant accomplishments to his credit. He is an effective and enthusiastic NFTC Board Chairman and will undoubtedly be a great asset to EDS,” said Bill Reinsch, President of the National Foreign Trade Council.
Mr. Jordan was named Chairman of the National Foreign Trade Council in October 2001.
Mr. Jordan is a partner in the Dallas investment firm Beta Capital Group. He retired as Chairman and Chief Executive Officer of CBS Corporation (formerly Westinghouse Electric Corporation) on December 31, 1998 after having led one of the most comprehensive transformations of a major U.S. corporation. Before joining Westinghouse, Mr. Jordan was a partner with Clayton, Dubilier and Rice, a private investment firm based in New York City. Prior to that he spent 18 years with PepsiCo in a variety of positions, including President and Chief Financial Officer. From 1964 to 1974, Jordan was a consultant and principal with McKinsey & Company. Before entering the private sector, he served a four-year tour of duty with the U.S. Navy. A graduate of Yale University in 1957, Jordan received his MS in chemical engineering from Princeton University in 1959.
EDS is a leading global services company. Along with its management consulting subsidiary, A.T. Kearney, serves the world’s leading companies and governments in 60 countries. EDS reported revenues of $21.5 billion in 2002.
The National Foreign Trade Council is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves 400 member companies through its offices in Washington and New York.