July 23, 2001

Newspaper announces Gerstner's retirement

Author: JT Smith

The Register reports on an item printed yesterday in Sunday Business, a UK newspaper that, as one might assume from its name, is a newspaper about business which is published on Sunday. According to (an unsourced) report in that paper, IBM chief Lou Gerstner will step down from his post in March 2002. Waiting in the wings to assume the helm of Big Blue is Sam Palmisano, currently the company's COO.

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