IBM scenario for succession grows murky: as one top official leaves, Akers may be looking at younger executives
Article Abstract:
IBM is looking to younger employees to fill the position vacated by former Senior Vice President C. Michael Armstrong, who has resigned from the company. Industry analysts had expected Armstrong to succeed Chairman John F. Akers because Akers is expected to retire in 1994 when he turns 60; a successor at IBM is usually announced several years prior to the actual succession. Armstrong left IBM to be become chairman and chief executive of General Motors Corp's Hughes Aircraft Company. Akers will have to choose his successor from a group of IBM executives who are in their 40's and who have shown promise, but may not have proven longevity. Akers may also stay on as Chairman past the age of 60 in order to properly groom his selected replacement. Bob LaBant and Bernard Puckett are the two main IBM executives being considered for the promotion.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Cannavino joins the exodus of old IBMers
Article Abstract:
One of IBM's top strategists, James Cannavino, will retire from IBM in Mar 1995, after having served with the company for 32 years. Cannavino has often been described as a straight talker and was somewhat of a nonconformist in IBM's blue-suited corporate environment. His verbal sparring with Microsoft's CEO Bill Gates resulted in the collapse of a proposed collaborative effort to create a version of IBM's OS/2 operating system for PCs. Microsoft later came to dominate the software operating system market with its Windows offering. Industry analysts are speculating as to the cause for Cannavino's resignation. He reportedly is leaving on his own accord to start a new company, but there had been tension between Cannavino and IBM CEO Louis V. Gerstner Jr, according to some company insiders.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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IBM puts James Cannavino at helm of group including PCs, workstations
Article Abstract:
IBM appoints James A Cannavino, head of the company's microcomputer operations. Without a college degree, Cannavino worked his way into IBM on the product side, and he brings much technical knowledge to his position. Cannavino's appointment comes at a time when the line between microcomputers and workstations is blurring, creating much confusion in the array of technical choices. Besides his technical knowledge, Cannavino is also known to make decisions quickly, a trait favored by IBM Chairman John Akers because it makes IBM more responsive to the market. Cannavino's immediate challenge is to announce the advantages of IBM's Micro Channel architecture at a press conference soon.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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