Shift at I.B.M. alters succession outlook; an heir apparent emerges for the chairman's post
Article Abstract:
George H. Conrades, who was in charge of IBM's US operations, was appointed as senior vice president of corporate marketing and services, a move seen as a demotion. Conrades will be reporting to C. Michael Armstrong, chairman of IBM World Trade and member of the five-man management committee. With the reorganization, Armstrong is now seen as the man most likely to succeed current chairman John F. Akers, who retires in four years. IBM is also expected to announce more changes in its structure in an effort to reverse its poor market performance in the US. These changes may include making its divisions more financially autonomous and letting go of more employees.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
Stalled in the past: even Digital's supporters concede it may be too late to catch up now
Article Abstract:
Industry observers wonder if Kenneth Olsen's departure comes to late to benefit Digital Equipment Corp (DEC). Olsen founded DEC 35 years ago, and he built the company into a $14 billion business, but in recent years, DEC's fortunes have declined. Observers say DEC needs to change: as one of them puts it, DEC is stranded in the 1960s, when the minicomputer was especially significant. Everyone agrees that Kenneth Olsen, who is nearly legendary in the computer industry, has established his place in the industry's history. Even so, critics point out that DEC missed out on opportunities presented by microcomputers, workstations and mobile computing.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A major design shift at Digital. Rating cut on I.B.M.'s debt issues: grading by Moody's lowered two notches
- Abstracts: An automatic nag on the shuttle. Handicapping this year's race for the top tax program. Keeping track of time while removing clutter
- Abstracts: Compaq set to introduce 2 computers. Compaq rolls with the punches. Compaq cuts prices on some computers
- Abstracts: The failures of AT&T strategies. A.T.&T. plan for added Europe cable
- Abstracts: Better flat-panel color for diehard Mac users. Canon's new laptop packs a nice printer inside