The former president of Dell Inc.'s IT services division has been elected CEO by the board of directors of Micros Systems Inc., a Columbia-based provider of information technology solutions for the hospitality and retail industries, the company announced Monday.
Effective Jan. 2, Peter Altabef will succeed A. L. "Tom" Giannopoulos, who has served as the CEO since 1993. Giannopoulos will continue in his role as executive chairman of the company until June 30, 2014, when he will retire, the Micros Systems said.
After Giannopoulos retires, the company's board intends to appoint a non-executive independent chairman, according to the company's announcement. The board also has been expanded from six to seven directors, and Altabef will be appointed a director, effective Jan. 2.
Altabef, 53, served as president and CEO of Perot Systems from 2004 to 2009, when Perot was acquired by Dell. Perot was a $2.8 billion company that provided technology solutions to companies around the world. After Dell acquired Perot, Altabef served as Dell Services' president until 2011.
An earlier version of this article misstated Peter Albatef's role with Dell Inc. The Sun regrets the error.Copyright © 2014, The Baltimore Sun