Gerstner moved to IBM from being the CEO of RJR Nabisco in April 1993 after stints at American Express (AXP.N) and the ...
Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...
He describes the 15- to 20-year leases developers rely on as "Swiss cheese" leases — agreements that may look solid but are ...
Gerstner joined IBM from RJR Nabisco in 1993 to rescue the company at a time when it was reporting multibillion-dollar annual losses and oversaw a regimen of job cuts and plant closings as he slashed ...
The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.
As expected, the deal for the developers of a Tucson data center closed on Christmas Eve, with the transfer of ownership of 290 acres taking place between Pima County and Beale Infrastructure.