- Evelyn Follit
- Follit Associates
Evelyn Follit heads Follit Associates, a Corporate Technology Assessment & Executive Career Strategies practice. She facilitates improved understanding of and return on the corporate information technology investment for CEO's and COO's through assessment of existing practices and executive leadership. Until the end of February, 2005, Evelyn Follit was Senior Vice President - Chief Organizational Enabling Services Officer and Chief Information Officer for RadioShack Corporation. Reporting to the Chairman/CEO and a member of RadioShack's PROXY FIVE reporting executives, Evelyn led RadioShack's internal services business, including both the Information Technology and Human Resources functions. During her almost eight years in that role, Follit developed and implemented an online strategy connecting RadioShack stores to the company's global network and launched RadioShack's retail web site. In addition, as head of the Global Human Resources functions, she achieved significant design and cost improvements in diverse areas including executive compensation (specifically offsetting option grants with Long-Term Incentive Plans to reduce overhang and dilution issues), succession planning, executive development and health and benefits cost containment. Before joining RadioShack in 1997 as Vice President and CIO, she served as ACNielsen's Vice President – Operations/Engineering and Dun & Bradstreet's global planning and technology leader. Follit also worked for ITT in various European telephony operations, financial/business process improvement and organization planning assignments. She worked six years in IBM's information technology function and almost seven years in IBM's financial organization. In 2000, Follit was elected to the Board of Directors of then publicly traded Catalina Marketing Corporation, which provides strategic, targeted, marketing solutions for consumer goods companies and retailers. The company was sold to a private equity firm in October 2007. During her tenure on the board, she had been a member of Catalina's Audit Committee. In 2005, Follit was elected to the Board of Directors of Linens-n-Things, a then publicly traded national large format specialty retailer of home textiles and home accessories. Up until the sale of the company to a private investor in February, 2006, Follit was a member of Linens-n-Things Audit Committee. In 2006, Follit was elected to the Board of Directors of Winn-Dixie, a multi-billion dollar publicly traded food retailer headquartered in Jacksonville, FL, where she is a member of the Audit Committee. In 2007, Follit was appointed to the Board of Directors of Beall's, Inc., a privately owned retail department store headquartered in Bradenton, FL. She is a member of their Audit and Compensation Committees. From 2007 until early 2008, Follit was a member of the Board of Directors of NAUTILUS corporation, a fitness equipment and lifestyle company. In 2005-2006, Follit established and chaired Cognizant Corporation's Retail Advisory Committee. Cognizant is an offshore Indian I/T development organization that specializes in improving business process performance while lowering total cost of operations. For two years (2003 – 2004), Follit chaired the National Retail Federation's (NRF) CIO Council. NRF is the world's largest retail trade association. She had been an active member of the association from 1998 through 2005. In 2003, Evelyn was named one of the 50 most powerful people in retail I/T by "Executive Technology” magazine and, in 2004, was named a co-recipient of the Society for Information Management's "CIO of the Year” award. In 2002, Evelyn received the "Executive Technology" magazine/Compaq Computer award for CIO/IT Leadership and Innovation. During that year, she was also honored as one of the pioneering women in technology by the American Friends of the Jerusalem College of Technology on behalf of the Women's School of Engineering. In 2001, "Computerworld" chose her as one of the 100 Premier IT Leaders in the country, and "Retail Info Systems News" recognized Follit as one of the "25 Most Influential People in Retail for 2001." In 1999, "Retail Technology" magazine recognized her as one of the top 10 CIOs in retailing. "Information Week" designated her as one of the top 10 CIOs across America. During her tenure as RadioShack's CIO, Follit obtained Microsoft and Compaq product contributions to establish Texas Christian University's state-of-the-art "RadioShack eBusiness Laboratory." She had also served as a member of the Hewlett-Packard Cross Industries Board of Advisors, the Compaq Computer Board of Advisors, the Sprint Advisory Board and Microsoft's Retail Client Advisory Board. Follit is a sought-after speaker on career, technology, board of director, and diversity topics, including forums such as the Women's Executive Leadership (WEL) organization, Society for Information Management (SIM), National Association of Corporate Directors (NACD), Cognizant International Community, and the Retail Marketing Association. She is a member of the Advisory Board of WEL and an active (Certified Director) member of National Association of Corporate Directors. A native of New York City, Follit has a Master of Business Administration degree in finance and information systems and a Bachelor of Arts degree in mathematics. She has completed executive planning, finance and technology programs at Cornell's School of Industrial and Labor Relations and MIT's Sloan School.