Morton H. Meyerson - Chairman of the Board
In 1963, following two years active duty as a US Army Lieutenant, Morton entered the business world at Bell Helicopter. In 1966, he joined Electronic Data Systems, Inc. as a systems engineer trainee, ultimately becoming President and Vice Chair leading 45,000 employees. From 1971 through 1974, Morton was the Chair and CEO of duPont Glore Forgan, a Wall Street brokerage firm. In 1975, Morton rejoined EDS, becoming President in 1979. He played a significant role in the sale of EDS to General Motors for $2.5 billion, becoming the top technology officer at General Motors and leading the IT organization for GM. Two and a half years after the sale to General Motors, with EDS’s revenue having grown four-fold, Morton retired.
From 1986 through 1992, Morton pursued private investment opportunities with Richard Rainwater, and coached Michael Dell in the formative period of Dell Computer. In 1992, Morton re–joined the corporate world as Chair and CEO of Perot Systems, retiring again in 1998. During his tenure, Perot Systems grew from $100 million to $1 billion in revenue, going from negative profits to over $90 million in pre-tax profits.
Currently, Morton is the Chair and CEO of 2M Companies, Inc. a family owned investment firm. From time to time, Morton has served on public and private for-profit company boards, as well as non-profit boards, and is currently on the board of KDC Real Estate Development & Investments and Encore Health Resources, LLC. Morton is also the Chairman of Sync Financial, LLC.
In 2005, Morton was a recipient of The University of Texas Distinguished Alumnus Award. He was also elected into The American Academy of Arts & Sciences 2007 Class of Fellows. In February 2013, Morton was inducted into The Outsourcing Hall of Fame of the International Association of Outsourcing Professionals. Morton pursues philanthropic endeavors through the David Nathan Meyerson Foundation, a family foundation named after his late son. Morton currently serves as the chair of that organization. Morton has two daughters and six grandchildren.