He held the position of President and CEO until January 1992. .
Michael C. Ruettgers- President and CEO Ruettgers has held the position of President and CEO of EMC Corporation, since January of 1992. Ruettgers joined the company in 1988 as executive Vice President of Operations and Customer Service, and from 1989 he was EMC"s President and Chief Operating Officer.
EMC: Company Timeline.
1979- EMC Corporation is founded by Richard j. Egan and Roger Marino in Newton,.
Massachusetts in August.
1981- 64 kilobyte chip memory boards are developed for Prime Computers.
1982- EMC corporate headquarters moves to Natick, Massachusetts. .
-Annual sales surpass the $3 million mark.
1984- Five years after the company"s founding, annual sales reach $18.8 million, nearly tripling .
1983 results.
1985- EMC is first to commercially ship denser memory upgrades using 1-megabit Random .
Access Memory (RAM) technology.
1986- EMC goes public in April; makes initial public offering on the NASDAQ stock exchange. .
-Total revenues double over 1985 to $66.6 million; net income more than doubles to $18.6 million.
1987- Corporate headquarters relocates to Hopkinton, Massachusetts.
1988- EMC opens its European manufacturing facility in Cork, Ireland.
-EMC stock lists for the first time on the New York Stock Exchange in March.
1989- Second major US corporate facility is opened in Hopkinton, Massachusetts.
-EMC develops Direct Access Storage Device (DASD) subsystems with automated error .
thresholding for IBM System/38 and AS/400 computers.
-Michael C. Ruettgers, is promoted from Executive Vice President of Operations and .
Customer Service, to President and Chief Operating Officer. Richard J. Egan continues his .
role as Chairman and CEO.
1990- EMC redefines mainframes storage by introducing the Symmetrix 4200 Integrated Cached.
Disk Array (ICDA), a 24-gigabyte RAID mainframe storage system that replaces traditional .
Continue reading this essay Continue reading
Page 3 of 20