2008 CIO Hall of Fame

This year's inductees truly epitomize business technology leadership

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  • Fueling Innovation
  • Peter Walton, CIO, Hess (Retired)
  • Moved from aerospace engineering to IT in 1985 as manager of information systems for GE Aerospace's Systems Integration group.
  • Standardized and operated data centers, security and mail system as director of enterprise operations for Lockheed Martin.
  • In 2000, named Director of Global Infrastructure and Operations at Hess.
  • Retired in 2004 but returned in 2005 at request of CEO John Hess to "take IS to the next level." Focused on business fusion, performance, people and innovation to fully engage Hess's IS workforce to outperform. Standardized company's infrastructure globally and reduced operating expenses. Brought total IS budget, including capital expenditures, to under 1 percent of total revenue. Provided competitive advantage to the business. Built sustaining leadership team at Hess, including successor. Recent internal employee satisfaction survey placed IS above the average organization in Hess, often by double-digit margins.
  • Hess won CIO 100 awards in 2006 and 2007 on his watch.
  • One of Walton's talents is his ability to turn an IT department around, as he did for Hess, says Carl Wilson, CIO of Marriott. "He goes into companies that are a mess and rebuilds the credibility of the IT departments within the company and sometimes even restaffs," he says. Walton's understanding of both leadership and the positioning of IT within an organization helps him create a competitive advantage for the business, Wilson adds.
  • Next: Robert Willett, Best Buy
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