SunGard Data System's senior vice president Philip Dowd has retired after a 32-year long career with SunGard and its predecessor.
Dowd will remain as a consultant to the company. His responsibilities are being assumed by senior operating officer Robert Greifeld.
Dowd, a co-founder of one of the original SunGard group of companies, oversaw the development of the investment, trust and investor accounting systems businesses. He is decribed by chairman and CEO James Mann as "the visionary" behind the strategy for the SunGard Transaction Network.
His responsibilities are being assumed by Robert Greifeld, who along with Michael Muratore and David Robinson, are the senior executives who report to Cristobal Conde, president and chief operating officer of SunGard.