IBM and Apple tap executive in joint venture: Guglielmi to head key unit despite mixed results in software at Big Blue
Article Abstract:
IBM VP Joseph Guglielmi has been appointed head of Taligent Inc, the Apple-IBM joint venture aimed at producing a next-generation microcomputer operating system. Gugleilmi's appointment is controversial because many executives in the computer community believe Guglielmi is an IBM bureaucrat who has slowed down other projects such as the development of OS/2 and OfficeVision. Industry insiders do not want to see the Taligent project mired in bureaucracy. Guglielmi has been associated with some successes at IBM, including the development of the profitable 4300 minicomputer line. Some analysts believe Guglielmi's appointment is intended to balance the appointment of Ed Birss as Taligent's chief operating officer. Guglielmi's appointment surprised many people who had been led to believe that David Liddle would assume the new position. Liddle's technical expertise and IBM background made Apple engineers nervous because they did not want an IBM person influencing the actual written code.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Unisys' Unruh named president, in line to succeed Blumenthal, passing rival
Article Abstract:
Unisys Corp announces James A. Unruh's election to Pres and COO, ending speculation about who would be heir apparent to Chmn and CEO W. Michael Blumenthal. Exec VP Curtis A. Hessler, who was also in line to succeed Blumenthal, is named vice chairman. Hessler's lack of computer industry experience and overly optimistic planning while in charge of Unisys forecasting are seen as the main reasons for his second place finish. Analysts also speculate that Blumenthal named his successor now in order to focus energy on restructuring and cost cutting plans designed to help Unisys recover from its first half 1989 loss. Unruh, who has extensive financial experience, is expected to focus on better management of Unisys's assets. Blumenthal does not plan to retire any time soon.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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Unisys' Blumenthal to resign as chief, to be succeeded in April by Unruh
Article Abstract:
Unisys Corp announces the retirement of CEO W. Michael Blumenthal, who will be replaced by current Unisys Pres Jim Unruh in Apr 1990. Blumenthal, a former Treasury secretary, did not want to retire until he had proven to the world that the merger of Burroughs Corp and Sperry Corp was a success. Unfortunately, his decision comes on a day when Unisys reports an 84 percent drop in 4th qtr 1989 net income and a $639 million loss for FY 1989. Unruh comes from a financial background, but sources say he has virtually taken over the reins of the company in the past few months. Unruh will continue the companies restructuring plans. He must also deal with Unisys' biggest problem, outstanding debt of around $4 billion, or 50 percent of total capitalization.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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