Abstracts - faqs.org

Abstracts

News, opinion and commentary

Search abstracts:
Abstracts » News, opinion and commentary

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.

Author: Lohr, Steve
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
IBM, Retirement, Executive, Lautenbach, Terry R.

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


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.

Author: Lohr, Steve
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1993
Management, Usage, Electronic mail systems, E-mail, Email, Chief executive officers, Gerstner, Louis V., Jr., Management Style

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


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.

Author: Lohr, Steve
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
United States, Organizational history, Personnel administration, Computer software industry, Software industry, Human resource management, Microsoft Corp., MSFT, Company restructuring/company reorganization, Reorganization and restructuring, Company personnel management, Company organization

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Officials and employees, Computer industry, International Business Machines Corp., Appointments, resignations and dismissals, Executives
Similar abstracts:
  • Abstracts: Executives are shifted by I.B.M.: high-growth areas to be emphasized. Life after I.B.M.? Yes, and often sweet
  • Abstracts: The Communists come in from the cold; after 50 years, the left takes centre stage. Beyond the fringe: public discontent sweeps continental Europe
  • Abstracts: The home stretch. Questions of leadership: Jean Chretien looks to the next election. What happens next?
  • Abstracts: A painful legacy: the Edper group struggles to simplify itself. Back to the future: BCE searches the globe for growth
  • Abstracts: McKenna's mandate: New Brunswick's premier wins a third term. A legacy of shame; New Brunswick confronts a sex abuse scandal
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.