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 ...
The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.
Louis Gerstner, who took over IBM in 1993 as it stood on the brink of breakup and bankruptcy, died at 83, leaving behind a legacy defined by preserving IBM as an integrated company and changing its ...