Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...

He changed the culture and found a new business mission for the storied company that had fallen on hard times.He died Saturday at age 83.

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 International Business Machines (IBM) Corp when it was on its deathbed and resuscitated it as a ...

One of the greatest Filipino entrepreneurs in Silicon Valley, Diosdado “Dado” Banatao, died in Stanford, California, on Dec. 25, 2025, from a debilitating neurological disease. He was 79.

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 ...