In the 20th century, a select group of leaders — General Motor's Alfred Sloan, HP's David Packard and Bill Hewlett, and GE's Jack Welch — set the standard for the way corporations are run. In the 21st century only IBM's Sam Palmisano has done so.
International Business Machines Corp. Chief Executive Officer Sam Palmisano will probably cede the post next year, raising the possibility of the first female or first black CEO in the 99-year-old company’s history.
International Business Machines Corp. rose to the highest level since it went public in 1915 as investors show support for Chief Executive Officer Sam Palmisano ’s strategy of remaking the 99-year-old company.
As International Business Machines Corp. meets with investors in New York today, some shareholders want the world’s largest computer-services provider to go beyond profit goals and pledge itself to more specific sales growth.
International Business Machines Corp. Chief Executive Officer Sam Palmisano , seeking to boost earnings by focusing on software and services, said he plans to spend $20 billion on acquisitions in the next five years.