National Management Association Names Compuware Executive Chairman Peter Karmanos, Jr., to Hall of Fame
DETROIT, Oct. 9, 2012 (GLOBE NEWSWIRE) -- Compuware Corporation (CPWR) , (Nasdaq:CPWR), the technology performance company, today announced that its co-founder and Executive Chairman Peter Karmanos, Jr. has earned the National Management Association (NMA) Hall of Fame Award. This award celebrates Karmanos' lifetime accomplishments in business, leadership and community service.
"I'm honored to join the NMA Hall of Fame," said Karmanos. "I share this accomplishment with thousands of Compuware employees who every day continue to show me the value of employee-centric, clear and positive leadership. Compuware will continue to lead the way in offering a challenging, high-tech and innovative environment that also supports a healthy work/life balance for our employees."
The world's preeminent leadership development organization, the NMA was founded in 1919 by industrialist and philanthropist Charles Kettering. The NMA Hall of Fame Award is bestowed to an individual in recognition of significant personal and professional contributions to the development of management and leadership. Other honorees include Charles Kettering (1978), Peter F. Drucker (1985), John Glenn (1999), Milton S. Hershey (2000), Will Keith Kellogg (2003), Florine Mark (2005) and more.
Karmanos launched Compuware in 1973, joining two partners who invested $3,000 each to build a small company that would help businesses do important things with computers. Today, the company continues to make technology make a difference and has more than 4,500 employees and more than $1 billion in annual revenue.
A visionary in management and leadership, Karmanos has long committed to comprehensively meeting employee needs through open communication, succession planning, global health and wellness programs, child/eldercare support, and more. Under his leadership in 2003, Compuware consolidated employees from nine suburban locations to a new, high-tech headquarters building in downtown Detroit. In the near-decade since, the Compuware building has served as a catalyst for technology, creativity and urban redevelopment.
Karmanos is also deeply committed to philanthropy and has made gifts of more than $60 million to support the Barbara Ann Karmanos Cancer Institute. Karmanos lives in metropolitan Detroit with his wife Danialle a nationally acclaimed video producer and philanthropist and their four sons.
The NMA also honored Tricia A. Keith, the Michigan Blues' vice president, corporate secretary and services as the 2012 Executive of the Year. This award celebrates her leadership and career accomplishments in business and philanthropy. Keith is the first woman in NMA's more than 75 year history of award recipients to win the organizations' top award.
NMA is a professional leadership development organization headquartered in Dayton, Ohio. The chapter-based association is a national, not-for-profit organization serving more than 14,000 members. The organization was founded by famed inventor and entrepreneur Charles Kettering as The National Association of Foremen in 1925. It became the National Management Association in 1956. Today, the Association targets leadership development at all levels of the contemporary organization.
Compuware Corporation, the technology performance company, provides software, experts and best practices to ensure technology works well and delivers value. Compuware solutions make the world's most important technologies perform at their best for leading organizations worldwide, including 46 of the top 50 Fortune 500 companies and 12 of the top 20 most visited U.S. web sites. Learn more at: http://www.compuware.com .
The Compuware logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5950
CONTACT: Press Contacts Eric Kushner, Compuware Marketing and Communications 313.227.8060 Steve Bailey, NMA 937.294.0421 email@example.com
Source: Compuware 2012 GlobeNewswire, Inc.