gerstner
RSS gerstnerGerstner and Palmisano - IBM past and present head-to-head
Comment After nine years in the IBM hot seat Lou Gerstner today hands over to Sam Palmisano. Instead of the lumbering, lacklustre business that greeted Gerstner, Palmisano inherits an IBM on top of its game. Gerstner was cast as IBM's knight in shining... [01 Mar 2002]
Gerstner preps successor
News In an interview on CNN, Gerstner said that he has been putting together a team to take control of the company. Gerstner said: "So IBM needs a world-class team and for the last 24 months we have been putting in place a new team of leaders that are... [18 May 2001]
Gerstner to step down as IBM chief
News Lou Gerstner is to step down as chairman and CEO of IBM after nine years at the helm. Gerstner, who joined the company from food giant Nabisco, is not expected to make an official announcement until early next year. [23 Jul 2001]
Gerstner holds private meeting with Tony Blair
News Lou Gerstner, CEO of IBM, met with UK Prime Minister, Tony Blair, yesterday to put the finishing touches on a $2m plan to link up Britain's teachers. The UK government has agreed to match IBM's million-dollar investment in creating an online... [02 Dec 1999]
IBM's Gerstner becomes Carlyle Group's Gerstner
News IBM chairman Lou Gerstner has been named chair of private equity company The Carlyle Group, a role he'll assume shortly after leaving his Big Blue post at year's end. Gerstner will join Carlyle on 7 January, the company announced Thursday, offering... [22 Nov 2002]
IBM chief says sales uncertain following attacks
News IBM chief executive Lou Gerstner said on Monday it was too early to tell what impact the 11 September terror attacks will have on technology spending. Gerstner added that while the attacks will cause replacement technology spending it was too early... [25 Sep 2001]
Palmisano takes the IBM hot seat
News Sam Palmisano formally takes over the helm at IBM today as his predecessor Lou Gerstner steps down after nine years in the hot seat. But instead of the sad, lacklustre business that greeted Gerstner, Palmisano takes over an IBM in rude health. [01 Mar 2002]
Boardroom Despatches: IBM's second wind
Comment Much of the progress that came from the 1990s recovery at IBM under Lou Gerstner could have been for nothing if the company's 2002 purchase of PwC had flopped. I would argue that as important as the turnaround overseen by the now legendary Lou... [24 Sep 2004]
IBM succession: What the papers say
News News that Sam Palmisano is to replace Lou Gerstner as CEO of IBM - reported last night on silicon.com - is given prominence in this morning's papers on both sides of the Atlantic. Most believe Gerstner will be a hard act to follow having turned IBM... [30 Jan 2002]
IBM chief receives $4.5m bonus
News IBM CEO Sam Palmisano saw his salary and bonus jump in 2002, while outgoing chairman Lou Gerstner took home more than $16.3m in pay, bonus and stock grants, according to regulatory documents filed on Monday. [11 Mar 2003]
IBM head vows to boost Linux development
News Speaking at the eBusiness conference in New York, Gerstner added that IBM has won its second 'supercomputer' order for Linux from Shell International Exploration, this one to be the world's largest. The movement to standards-based computing is so... [14 Dec 2000]
The Bloor Perspective: IBM Global Services - the reckoning, Sun re-branding and Unix wars
Comment Unlike the rest of the IT industry, Big Blue appeared to ride out the storm of last year's economic slowdown with ex-CEO, Lou Gerstner, leaving on a high note and much expected of new man Sam Palmisano. [22 Apr 2002]
Promoted Palmisano in pole position for IBM top spot
News IBM has appointed long-standing employee Sam Palmisano to the post of president and chief operating officer, a move analysts claim places him in top spot to be Lou Gerstner's eventual successor. He will report directly to chairman and CEO Gerstner... [26 Jul 2000]
IBM shares rise on results news
News Louis Gerstner, IBM chairman and CEO, said in a statement: "Many in our industry have gotten a bit carried away over the last few years by the exaggerated expectations for the internet world. IBM said it is not immune to possible effects of... [19 Apr 2001]
IBM hits targets
News IBM chairman Lou Gerstner said in a statement that he was particularly pleased with the results in light of "extremely difficult market conditions". Gerstner credited the success to increased revenue from services. [19 Jul 2001]
