CIO As Acquisition Partner - InformationWeek
IoT
IoT
IT Leadership // CIO Insights & Innovation
Commentary
3/31/2008
06:05 PM
John Soat
John Soat
Commentary
50%
50%

CIO As Acquisition Partner

Is the CIO an effective position to enlist in your company's mergers and acquisitions strategy? It makes sense, given that integration is one of the major challenges in an M&A move, particularly integration of the IT variety.

Is the CIO an effective position to enlist in your company's mergers and acquisitions strategy? It makes sense, given that integration is one of the major challenges in an M&A move, particularly integration of the IT variety. Crowe Chizek, an accounting and consulting firm in Oak Brook, Ill., a suburb of Chicago, has tapped Yvonne Scott as its new CIO. According to a company statement:

"Yvonne's experience in information technology, visioning, strategy development and **mergers and acquisitions** [emphasis mine] will help Crowe maximize operational efficiency and assist us as we continue to grow the firm," said Crowe CEO Chuck Allen.

Before signing on with Crowe Chizek, Scott was senior VP and CIO for several years at GATX Corp., a company that specializes in asset management and financial services in the railroad and steamship industries. Apparently, Scott left GATX a few months ago: The company announced a new senior VP and CIO in January.

CIOs take note: Selling expertise in supporting mergers and acquisitions looks to be a good career move, in particular as a way of raising your executive profile and business value. So increasing your M&A experience by volunteering to work on merger projects from inception to completion will probably pay dividends later on,

What do you think? Is the CIO already involved in the M&A strategy at your company? And does that include working on the front end, to helping to plan future moves? Or is it simply at the back end, as the person who puts the technology pieces together?

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll