IBM's Conti plans to retire at end of year
Article Abstract:
IBM's Carl J Conti, the executive who manages the company's mainframe and disk drive businesses, retires and is succeeded by Nicholas M Donofrio. Conti, 54, says he was planning to retire in Apr 1992 but decided to do so a few months earlier because of IBM's new reorganization plans. Conti notes that stepping down early will give Donofrio, 46, more time to make arrangements for the planned reorganization. Conti notes that he is leaving when demand for mainframe computers is picking up, despite a general low demand because of the recession. Conti admits that he has experienced some frustration with IBM's ability to get things done. Conti plans to raise Arabian horses on his farm, which is north of New York.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
IBM positions some managers for bigger tasks
Article Abstract:
IBM announces its plan to move a group of young executives into important positions in an attempt to improve its personality and strengthen its response to customer problems. The 30,000-worker group, named Applications Solutions, is responsible for making sure a customer can receive all his or her software and service needs from IBM. Forty-six-year old Bernard Puckett leads the new group. Puckett was responsible for running IBM's mainframe division and successfully introduced the computer maker's new line of mainframe computers in a climate in which many customers were looking at emerging technologies instead of the available technologies.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: IBM announces new product line of disk drives. New IBM workstation line aims for credibility
- Abstracts: IBM 'help' plan for PC users angers dealers. IBM said to plan computers for use in mobile systems. PC complexity confounds many dealers; 'server' lines put some buyers in frustration mode
- Abstracts: MCI decides to offer payout semiannually. MCI posts net for 3rd period; stock drops $3
- Abstracts: Intel plans to add 30 new versions of microprocessors. Advanced Micro seeks a chip off its own block
- Abstracts: IBM is getting off to a quick start in pen-based PCs. IBM shares seem to exit a yearlong slump on improving prospects for new mainframes