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Dec 18, 2002 · Lou Gerstner’s Turnaround Tales at IBM December 18, 2002 • 7 min listen. In the foreword of Who Says Elephants Can't Dance?, Louis V. Gerstner Jr.'s memoir of his nine years as CEO of IBM, the ...
Louis V. Gerstner, Jr. 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. Following IBM, Mr. Gerstner joined The Carlyle Group, a global private equity firm located in Washington, D.C. He served as chairman from ...
Lou Gerstner will always be known as the man who saved IBM after resuscitating, then reinvigorating, the near bankrupt com- pany 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
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 high ...
Feb 1, 2002 · Gerstner was one of the first to talk of a post-PC era. That has yet to occur. IBM needed more than just a talented executive when it hired Lou Gerstner in 1993. It needed an outsider. In his nine ...
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 ...
Jun 7, 2013 · June 7, 2013 at 10:00 a.m. EDT. Louis V. Gerstner, Jr., senior adviser to The Carlyle Group, in his New York office. (Bill O'Leary/The Washington Post) The first paragraph of every obituary on ...
