Harry Wallaesa, an accomplished executive with over 30 years of experience, is currently the President and CEO of WGroup, a management consulting firm. Using a suite of tools and methodologies, WGroup provides strategic consulting, contractual negotiations, vendor management, governance and a wide range of BPO and ITO advisory services to Fortune 500 companies across the globe. Throughout his career, Harry has been committed to one underlying principle– helping companies create or increase shareholder value. WGroup is committed to helping companies leverage the benefits of sourcing by helping to optimize their business processes and IT assets to create sustained shareholder value.
Prior to joining WGroup, Harry was the President and COO of Safeguard Scientifics (SFE – NYSE), a technology holding company. Safeguard acquired and developed companies in the software, telecommunications and information technology services sectors. Anticipating the power of the Internet as the basic computing and communications platform of the future, Harry focused the efforts and capital of Safeguard on developing Internet infrastructure, business-to-business eCommerce, and software companies. During his tenure, Safeguard was transformed from a regional player to an internationally recognized company with a significantly strengthened profile, which resulted in an unprecedented increase in shareholder value.
At the same time, Harry also served as the Chairman of Compucom (CMPC – NASDAQ) a leading computer reseller and technology services company. During that period, Compucom was able to shift its focus away from the commoditized hardware business toward a higher-margin services focus, resulting in consistent profitability and significantly improved shareholder value.
Prior to joining Safeguard, Harry was the founder and CEO of aligne Inc., a management consulting firm that assisted senior executives with identifying, analyzing and resolving their most pressing information technology challenges. aligne was immediately successful, winning Fortune 500 clients, such as AT&T, Ford, General Motors, Universal Studios, California State University, Bristol-Meyers Squibb, Target, and Blue Cross Blue Shield of Michigan. aligne was acquired by Safeguard Scientifics and played an integral role in increasing the value of the more than 250 portfolio companies.
Previous to founding aligne, Harry served as the CIO of Campbell Soup Company. Technology innovation enabled the company to elevate in prominence as one of the premier consumer package goods companies in the world. During this period, Campbell Soup experienced its greatest period of growth and delivery of shareholder value.
Harry has served as a Director on several Boards including Bowne, Inc. (BNE – NYSE) and Tangram. He has also served as a Trustee for the University of Pennsylvania Health System and The Pennsylvania Academy of Fine Arts.