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First Woman Joins Board of Directors of Leading Software Company—Search Shows New Breed of Executive Women are Rewriting Book on Leadership November 09, 2002 Selker Leadership, LLC, announces the completion of the search for a new member of the board of directors of BMC Software, Inc. (NYSE: BMC), a leader in enterprise management. Kate O’Neil is the first woman to join the board of the 22-year-old Houston based $1.3 billion enterprise software company. “Kate O’Neil is an extraordinary individual and leader,” said Greg Selker, President & CEO of Selker Leadership. Currently the President & CEO of consulting firm Liberty Street Advisors, O’Neil was previously the General Manager of Global Financial Markets Infrastructure at IBM and prior to that, spent 24 years at the Federal Reserve Bank of New York. Her last role at the Fed was the Executive Vice President and, Advisor to the President. Previously she was the Officer in charge of the Financial Services Group, essentially functioning as the central bank’s Chief Operations Officer. O'Neil is active in a number of professional organizations including the Council on Foreign Relations, The Economic Club of New York and the Women's Economic Round Table, which she currently chairs. She is vice chairman of the board of directors of John Carroll University and a member of the International Corporate Governance Network, the Woodrow Wilson Visiting Fellows Program and the National Association of Corporate Directors. “BMC places their core values at the heart of the hiring process. As a result, one of the most important factors in the search was finding someone who understood the differences between leadership and management,” Selker said. “Her career is full of examples demonstrating this understanding. She modernized the Fed resulting in reduced staff and lower overhead while improving morale, reducing employee turn-over, driving diversity and increasing operational efficiencies.” Selker developed a strategy for the search that ultimately identified 185 executive women in a cross section of industries as potential candidates. Of those 185 women, Selker conducted in depth interviews with over 60. “In analyzing this data, there are some inescapable conclusions. Most executive women today grasp leadership in ways that most executive men don’t. They’re on the front line driving values into their organizations. They’re leading the efforts at diversifying their employee base. They’re downsizing, but doing it with compassion and sensitivity to people. They’re putting into action the values that end up framed on the walls of most executive men. Women in leadership know a plaque on a wall doesn’t influence people’s behavior.” About Selker Leadership, LLC BMC Software, the BMC Software logos, and all other BMC Software product or service names are registered trademarks or trademarks of BMC Software.
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