Former Chairman and CEO, RJR Nabisco (1989-1993) Former Chairman and CEO, IBM (1993-2002) Former Chairman, The Carlyle Group (2003-2008)
Known for
Leading IBM's historic corporate turnaround in the 1990s[1][2]
Board member of
Chairman, The Broad Institute of MIT and Harvard (2013-2021) Chairman, Gerstner Sloan Kettering Graduate School of Biomedical Sciences (2014-present)
Spouse
Robin Gerstner
Children
2
Website
www.gerstner.org
Louis Vincent Gerstner Jr. (born March 1, 1942) is an American businessman, best known for his tenure as chairman of the board and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes around.[1][2]
Gerstner was formerly CEO of RJR Nabisco, and also held senior positions at American Express and McKinsey & Company. He is a graduate of Chaminade High School (1959), Dartmouth College (1963) and holds an MBA from the Harvard Business School.
Gerstner was formerly the chairman of the board of directors of the Broad Institute of MIT and Harvard[3] and is currently chairman emeritus of the board of the Gerstner Sloan Kettering Graduate School of Biomedical Sciences.[4]
Gerstner is the author of Who Says Elephants Can't Dance, the best-selling account of IBM's transformation; and he is the co-author of the book Reinventing Education: Entrepreneurship in America's Public Schools.
^ abDiCarlo, Lisa (November 11, 2002). "How Lou Gerstner Got IBM To Dance". Forbes. Retrieved April 26, 2012.
^ ab"IBM Corp. Turnaround". HBR.org. Retrieved April 26, 2012.
^"Board of Directors". Broad Institute. July 10, 2023. Retrieved August 22, 2023.
^"Gerstner Sloan Kettering School of Biomedical Sciences Leadership".
Reinventing Education: Entrepreneurship in America's Public Schools. LouGerstner joined American Express in 1978 and headed its Travel Related Services...
ISBN 978-0-517-59197-0. Garr, Doug (1999). IBM Redux: LouGerstner & The Business Turnaround of the Decade. Harper Business. Gerstner, Louis V. Jr. (2002). Who Says Elephants...
Su was given a year-long assignment as the technical assistant for LouGerstner, IBM's CEO. She subsequently took on the role of director of emerging...
private equity. LouGerstner, former chairman and CEO of IBM and Nabisco, replaced Frank Carlucci as chairman of Carlyle in January 2003. Gerstner would serve...
from the original on June 16, 2018. Retrieved August 20, 2018. "About LouGerstner '59 | Chaminade High School, Mineola, NY". www.chaminade-hs.org. Retrieved...
ban PowerPoint presentations at internal business meetings included LouGerstner (at IBM, in 1993), Scott McNealy (at Sun Microsystems, in 1996), and...
Stratford; Rogers, Alison (3 October 1994). "Is he too cautious to save IBM? LouGerstner has stopped IBM's free fall. But Big Blue isn't competitive, and the...
the two camps agreed on a single, converged standard. They recruited LouGerstner, president of IBM, to pressure the executives of the warring factions...
"complex, obscure, and potentially difficult to learn.": p.xi Under LouGerstner IBM later quietly discontinued use of the "SAA" umbrella. By 2001, SAA...
former CEO of Alltel Bill Gates, co-founder and chairman of Microsoft LouGerstner, former IBM executive Roger Goodell, commissioner of the National Football...
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Diversified Services 1984–1991 Succeeded by Jeffrey Stiefler Preceded by LouGerstner President of American Express 1991–1993 Succeeded by Jeffrey Stiefler...
foundation for expansion. LouGerstner reinvented IBM in this way. Under pressure to dismantle the massive organization, Gerstner instead initiated "Operation...
chairman John Akers' business strategy. The replacement of Akers by LouGerstner in April 1993 changed the strategy from spinout to turnaround, but the...
the format war between VHS and Betamax in the 1980s. IBM's president, LouGerstner, urged them to adopt Immink's EFMPlus coding scheme as EFM has a proven...
recognition of his business skills and for his work on poverty reduction. LouGerstner United States KBE tbd Business Paul Getty United States KBE 1987 Business...
believed IBM was doomed and should be broken up and sold off – but then-CEO LouGerstner believed that IBM's greatest strength was as a whole. It was Ogilvy's...
Stock Exchange, after earlier touching a record $73.25. A protégé of LouGerstner, Thoman was serving as Senior Vice President and CFO of IBM, and before...
international. In 1998, he became executive assistant to the chairman and CEO, LouGerstner. In 2000, he moved to IBM Global Services, the leading market services...
CBC.ca. August 23, 2003. Archived from the original on June 18, 2022. Gerstner, Joanne C. (February 15, 2012). "Wallace, Yesteryear's Lin, Sets Mark for...
Long Beach, New York Art Garfunkel (singer) Forest Hills, New York Louis Gerstner, Jr. (businessman, former chairman and executive officer of IBM) Mineola...