Perot Systems Corporation

Former Dell president to head Micros Systems

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...