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Jack McHale was elected a corporate vice president by the Unisys Board of Directors in 1986. He currently serves as Unisys Investor Relations Officer (IRO) with worldwide responsibility for designing and implementing all programs for Wall Street analysts, money managers and shareholders.
The primary purpose of a publicly held company is to create and enhance shareholder value. As the IRO, Jack interprets for senior management and the board of directors what drives value in the company and how that can be communicated to the investment community in order to maximize shareholder value.
In 1982, following three years as a certified public accountant with Peat Marwick, Mitchell, and five years in computer sales and marketing positions at Burroughs Corporation, Jack was named director, Investor Relations, for Burroughs. He was responsible for formulating and implementing the company's public and investor relations strategy when Burroughs acquired Sperry Corporation in 1986 to form Unisys.
He was named vice president, Investor and Customer Relations, for the new company in June 1986. In 1989 Jack was named vice president of Corporate Communications with responsibility for overseeing the corporation's activities in the areas of public and media relations, consultant relations, advertising, employee communications, corporate identity, and public affairs.
In 1997 with the company's market value depressed at under a billion dollars and growing discontent among shareholders -- including a shareholder proposal to break up the company -- Jack assumed his current position. With the appointment of a new CEO and CFO, numerous new investor outreach programs were implemented which resulted in the company's market value increasing six-fold to over six billion dollars during the course of the next twelve months.
Jack, a native of Ohio, received bachelors and master's degrees in business administration from Cleveland State University. He is a member of the National Investor Relations Institute and NIRI Senior Roundtable Steering Committee, The Conference Board, the Investor Relations Association (IRA), and Unisys Pension Investment Review Committee.
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