INFORMATION TECHNOLOGY LEADER AWARD
Cristóbal I. Conde is SunGard’s president and chief executive officer, and a member of its board of directors. SunGard is a Fortune 500 company, headquartered in Wayne, Pennsylvania. With annual revenue of approximately $5 billion, SunGard is one of the world’s top twenty leading software and IT services companies. Conde was elected chief executive officer in August 2002 and has been a board member since August 1999. He served as chief operating officer between 1999 and 2002 and previously headed up SunGard’s Trading Systems division, which he started in 1990.
Under Conde’s direction, the Trading Systems division expanded to four groups comprised of twenty-two operating units employing over two thousand staff. In August 2005, Conde was instrumental in turning SunGard private in a leveraged buy-out (LBO) valued at $11.5 billion – at the time the second largest LBO ever. SunGard is now the largest privately held software and IT services company.
Prior to joining SunGard, Conde co-founded Devon Systems International, Inc., which was acquired by SunGard in 1987. At the time, Devon focused on providing systems for the interest rate and currency derivatives markets. Born in Santiago, Chile, Conde holds a B.S. in Astronomy and Physics from Yale University.