BPO boss $500K security
By Ria Sharma

Affiliated Computer Services (ACS) is one of the largest BPO and IT services company in the world.  Founded in 1988, it has grown to a $6.2 billion company employing 70,000 workers.  ACS operates in more than 100 countries.

While the US-headquartered ACS international website makes no mention of India, its local site has more details.  ACS India BPO’s and tech centres in Bangalore and Kochi have more than 3000 employees 

ACS has just told the American SEC that’s its Chairman, Mr. Deason, needs security worth hundreds of thousands of dollars every year. But the CEO and other senior executives do not require any security.

Footnoted.org is reporting on documents filed by ACS with the US Govt yesterday:

“
We maintain an overall security program for ACS Chairman Mr. Darwin Deason due to business-related security concerns. Mr. Deason is provided with security systems and equipment as well as security advice and personal protection services. The cost of these systems and services are incurred as a result of business-related concerns and are not maintained as perquisites or otherwise for the personal benefit of Mr. Deason. As a result, we have not included such costs in the “All Other Compensation” column. We expended $498,132 in fiscal year 2009, $480,698 in fiscal year 2008, and $423,011 in fiscal year 2007 for such security advice and personal protection services. With regard to the personal protection services, other executive officers and members of our Board of Directors receive the incidental benefit of these services when attending a meeting or other function at which Mr. Deason is also present; such incidental benefit has not been calculated or allocated for purposes of this table.
“

Interesting is it not?  The ACS American site mentions European operations but has no word on India.  Now their company says it has to provide security worth hundreds of thousands of dollars to only their Chairman.