Louis Gerstner, the former CEO and chairman of IBM, died on Saturday, aged ‍83. IBM chairman and CEO Arvind Krishna announced Gerstner’s death ​in an email sent Sunday to employees, ‌but did not provide a cause of ​death. Gerstner moved to IBM from ⁠being the CEO of RJR Nabisco in April 1993 after stints at American Express and the consultancy McKinsey, becoming the first ​outsider to run ⁠Big Blue, as IBM was called. Gerstner retired as CEO of IBM in 2002, with the stock some ‍800% higher than when he had started, moving to become the chairman of Carlyle Group until his retirement in 2008. Gerstner was passionate about public education in the U.S, launching an ​initiative at IBM to use company technology in schools.

Source: The Hindu December 29, 2025 02:30 UTC