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Louis Gerstner, the executive who engineered one of the most important corporate turnarounds in the history of the high-technology sector, died at the age of 83 on Saturday. Gerstner took control over IBM in 1993 when it was at the brink of breakup and bankruptcy, rebuilt the company into a services-led enterprise, and restored its strategic relevance by 2002. Multiple prominent high-tech leaders worked at IBM under Gertner’s leadership, spreading his skills across the industry nowadays.
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Louis Gerstner, the executive who engineered one of the most important corporate turnarounds in the history of the high-technology sector, died at the age of 83 on Saturday. Gerstner took control over IBM in 1993 when it was at the brink of breakup and bankruptcy, rebuilt the company into a services-led enterprise, and restored its strategic relevance by 2002. Multiple prominent high-tech leaders worked at IBM under Gertner’s leadership, spreading his skills across the industry nowadays.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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