Secure shared password management

[Thomas Carter <tcarter () AUSTINCOLLEGE EDU>]

I'm curious what others are using for secure shared password management and control. I know there are a number of ways 
to skin this cat, but I want to make sure passwords are on a need to know basis but there is some ultimate override 
available to upper management or other person we designate in an emergency. I've looked at Thycrotic's Secret Server 
(http://thycotic.com/products/secret-server/), which is what I'm looking for, but wanted other options, experiences, 
etc from those who have used these systems.

Thomas Carter
Network and Operations Manager
Austin College
903-813-2564
[AusColl_Logo_Email]