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18 Worcester Business Journal • www.wbjournal.com 25 YEARS: IMPACTFUL COMPANIES J oe Tucci has led EMC through a peri- od of dramatic revitalization, contin- ued market share gains and sustained double-digit growth since he became CEO in 2001. Tucci, who has also been chairman since 2006, has transformed EMC's business model from what was a near-exclusive focus on high-end stor- age platforms. Cloud computing is fundamental to this transformation at EMC, with annual revenues of about $23 billion and more than 62,000 employees worldwide. In 2011, Tucci oversaw the most aggressive product-introduction cycle in company history. Since 2003, he has spearheaded the investment of more than $14 billion in strategic acquisitions to fill out EMC's product portfolio, entered new market segments and expanded the company's addressable market opportunity. Tucci has also expanded the compa- ny's marketplace beyond large enter- prises to small-to-medium-sized busi- nesses, broadened the company's indus- try alliances, and established new sales, partnership and distribution channels. Meanwhile, he has strengthened EMC's management team with executives from other major technology companies. And he has championed EMC's use of Six Sigma to improve its business processes. Acknowledging EMC's rejuvenation under Tucci's leadership, Barron's twice named him one of the world's best CEOs. Tucci and his C-level team in Hopkinton could not have succeeded without the pioneering spirit of Dick Egan, EMC's co-founder — along with Roger Marino — who died in 2009 after a long battle with cancer. As CEO until 1992 and chairman until 2001, Egan led EMC through a successful IPO and sev- eral phases of growth as the company became a global leader in information storage systems and software. D uring his nine-year tenure as Worcester Polytechnic Institute's president, Dennis Berkey was lauded for guiding it through a growth spurt that saw the construction of eight new build- ings, a 57-percent increase in student enrollment and the addition of new academic programs, including the coun- try's first robotics engineering degree. When Berkey announced his retire- ment at the May 2013 commencement, he said he and the board of trustees had agreed that a change in leadership was best for him and the school, and that he felt he had accomplished what he was hired to do. And what a job it was. The stage was set in 1999, when then- NASA administrator Dan Goldin spoke at WPI as part of a national tour of engi- neering schools. His message: NASA was headed for Mars, and the schools that tore down the fractious academic walls on their campuses and began col- laborating would stand a much better chance of getting NASA research fund- ing. About half the audience — both young and old — cheered. About half remained silent, including then-presi- dent Ed Parrish, who would retire at the end of 2004 — making way for Berkey. WPI has come a long way since. It was one of about 15 percent of U.S. colleges profiled in the 2013 edition of "The Best 377 Colleges," The Princeton Review's flagship college guide. Interviews showed that students enjoy WPI's diverse, project-based system and aca- demic mix. The Review's 2013 "Best 296 Business Schools" praised WPI's School of Business for meeting the needs of "graduate-level biz-savvy technophiles." With its collection of Leadership in Joe Tucci, far right, has earned praise for steering EMC toward bold, new directions after he succeeded Michael Ruettgers, right, as CEO of the Hopkinton- based data storage giant. Below, Worcester's Gateway Park is one of the most recog- nizable changes in the city's business landscape over the last 25 years, the most noteworthy achievement of Dennis Berkey during his nine years as presi- dent at WPI. EMC 4 WPI 5 4 5