Search results
Louis Vincent Gerstner Jr. (born March 1, 1942) is an American businessman, best known for his tenure as chairman of the board and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes around.
Gerstner realized that IBM had a unique and expert capability to “genuine problem solving, the ability to apply complex technologies to solve business challenges and integration.” These sustainable value proposition enabled Lou Gerstner to bring IBM back from the verge of near extinction.
Louis V. Gerstner Jr. served as chief executive officer and chairman of the board of IBM Corporation from April 1993 to March 2002 and chairman until his retirement in December 2002.
Lou Gerstner (born March 1, 1942, Mineola, New York, U.S.) is an American businessman best known for the pivotal role he played in revitalizing the ailing IBM in the mid-1990s; he served as CEO of the company from 1993 to 2002.
Dec 9, 2002 · IBM was in deep trouble when Louis V. Gerstner came on board as chairman and CEO almost a decade ago. But as he told MBA students at Harvard Business School, he wasn't the only one responsible for the change: He had lots of help on the inside. by Martha Lagace, HBS Working Knowledge.
Sep 1, 2014 · Lou Gerstner will always be known as the man who saved IBM after resuscitating, then reinvigorating, the near bankrupt company when he took over as chairman and CEO in 1993. Gerstner’s career, though, spanned 43 years which also included more than a decade at McKinsey, senior positions at American Express, and four years as chairman and CEO ...
Nov 11, 2002 · After months of courting, Gerstner took over as chairman and CEO of IBM on April Fools' Day of 1993. The answers to the question of how Gerstner saved IBM, the major business decisions, are...
By the end of 1994, Lou Gerstner’s first full year as CEO, the company had racked up $ 15 billion in cumulative losses over the previous three years, and its market cap had plummeted from a...
Lou Gerstner’s was a hard act to follow. As CEO in what were arguably IBM’s darkest hours, Gerstner brought the company back from the brink. After nearly ten wrenching years, in which the big...
Lou Gerstner (born 1942) rescued IBM, the world'slargest computer maker, when he became its CEO in 1993. His career has been a study in corporate strategy and how to turn ailing companies around. For most of its long history, IBM symbolized American ingenuity and corporate power.
