Dick Brown out as EDS chairman and CEO

Dick Brown out as EDS chairman and CEO

Embattled Electronic Data Systems has a new chairman and chief executive officer.

Dick Brown is being replaced as chairman and CEO by Michael H. Jordan, who retired as chairman and CEO of CBS in December 1998.

Brown's exit was mutually agreed upon by him and the EDS board of directors, EDS said.

Also coming out of retirement is Jeffrey Heller. He is the new EDS president and chief operating officer. Heller retired from EDS in February 2002. He was vice-chairman at the time.

EDS is the world's second largest provider of IT services behind IBM's Global Services unit.

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