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He was 48 years old. At the time of his death, IBM ESD, which included the development and manufacturing of the IBM PC, PC DOS, PC LAN and TopView, had nearly 10,000 employees and had sold over a million PCs. Estridge has been honored many times. In 1999, he was identified in CIO magazine as one of the people who "invented the enterprise".
The dividend was also slashed from $1.21 to 54 cents, after the company had failed to make enough profit to cover its dividend payments for eight business quarters. IBM president Jack Kuehler was shifted to the post of vice-chairman, while finance director Frank Metz was also ousted. Paul Rizzo, a rival with Akers for the CEO position back in ...
By the end of 1994, IBM ceased new development of OS/2 software. IBM withdrew from the retail desktop PC market entirely, which had become unprofitable due to price pressures in the early 2000s. Three years after Gerstner's 2002 retirement, IBM sold the PC division to Lenovo. [23]
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Thomas John Watson Jr. (January 14, 1914 – December 31, 1993) was an American businessman, diplomat, Army Air Forces pilot, and philanthropist. The son of IBM Corporation founder Thomas J. Watson, he was the second IBM president (1952–71), the 11th national president of the Boy Scouts of America (1964–68), and the 16th United States Ambassador to the Soviet Union (1979–81).
Frederick Phillips Brooks Jr. (April 19, 1931 – November 17, 2022) was an American computer architect, software engineer, and computer scientist, best known for managing development of IBM's System/360 family of mainframe computers and the OS/360 software support package, then later writing candidly about those experiences in his seminal book The Mythical Man-Month.
How IBM is flipping the switch on pension plans. IBM contributes 5% of an employee’s salary to the accounts, which provide a 6% guaranteed, tax-deferred return for the first three years. And ...
Gray pursued his career primarily working as a researcher and software designer at a number of industrial companies, including IBM, Tandem Computers, and DEC.He joined Microsoft in 1995 and was a Technical Fellow for the company [a] until he was lost at sea in 2007.