Louis V. Gerstner Jr. Quotes


The value that some analysts put on revenue vs. what they put on profit is out of whack. If you can grow real cash earnings, that's 80% of what you ought to do, and the revenue component is 20%.


Citations

Gerstner, Louis V. Who Says Elephants Can't Dance? Inside IBM's Historic Turnaround. HarperBusiness, 2002.

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Louis V. Gerstner Jr.
Louis V. Gerstner Jr.
  • Born: March 1, 1942
  • Nationality: American
  • Profession: Former Chairman CEO, RJR Nabisco (1989-1993), Former Chairman CEO, IBM (1993-2002), Former Chairman, The Carlyle Group (2003-2008)

Louis Vincent Gerstner Jr. 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.