A top I.B.M. executive is retiring early
Article Abstract:
IBM senior VP Terry R. Lautenbach has announced his early retirement at age 54 and IBM has said it will not replace him on the corporation's management committee. Lautenbach had earlier stated his intention of retiring by age 55. The decision not to replace him on the management committee reduces the committee's membership to three and is seen as a sign of IBM's seriousness in streamlining its management. Observers felt that Lautenbach had little chance of promotion to head the company as he is only three years younger than the current chairman, John F. Akers. Lautenbach credited the success of IBM's early retirement program with bringing forward the timing of his departure. The program, designed to eliminate 15,000-20,000 jobs has attracted more than 40,000 employees.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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At I.B.M., the new boss takes to electronic mail
Article Abstract:
In his first week as the new CEO of IBM, Louis V. Gerstner, Jr has become an avid fan of the company's internal electronic mail system called Profs. The system allows instant communication among IBM's almost 300,000 workers worldwide and makes it easy for any employee to send a message to the CEO. When he assumed his new post on Apr 1, 1993, Gerstner was deluged with e-mail messages from company employees, many of which offered opinions on what is ailing IBM. Gerstner's e-mail id is Rhqvm20/Gerstner. The new CEO sent out a seven-paragraph missive to all employees which spoke of the company's painful period of trying to cut costs. IBM will cut 25,000 more jobs and implement its first-ever layoffs.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
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Microsoft Shuffles Leadership
Article Abstract:
In order to stay in step with market rivals, Google and Linux, Microsoft is restructuring several of its divisions and shifting the duties of several of its executives. Eric Rudder, Jeff Raikes, Robbie Bach and Kevin Johnson will all be given new responsibilities.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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