What were some of the notable CEOs of IBM and their contributions to the company's history?

IBM, or International Business Machines Corporation, is a technology company that has been around for over a century. Throughout its history, the company has had several notable CEOs who have made significant contributions to its growth and success.

Thomas J. Watson (1914-1956)

Thomas J. Watson was the founder of IBM and served as its CEO from 1914 to 1956. He is credited with transforming IBM from a small company into a global leader in the technology industry. Under his leadership, IBM developed the first tabulating machines, punched card systems, and electronic computers. Watson also introduced the company's famous motto 'THINK', which became a symbol of IBM's commitment to innovation.

T.J. Watson Jr. (1956-1971)

T.J. Watson Jr. succeeded his father as CEO of IBM in 1956. During his tenure, he continued to expand the company's presence in the global market and oversaw the development of several groundbreaking technologies, including the System/360 mainframe computer. He also established IBM's corporate culture and emphasized the importance of corporate social responsibility.

John F. Akers (1985-1993)

John F. Akers became CEO of IBM in 1985, at a time when the company was facing significant challenges from competitors in the technology industry. He led IBM through a period of restructuring and transformation, focusing on the development of software and services to complement its hardware products. He also initiated a series of cost-cutting measures that helped to streamline the company's operations and improve its profitability.

Lou Gerstner (1993-2002)

Lou Gerstner was appointed CEO of IBM in 1993, during a time of financial crisis for the company. He is credited with turning around IBM's fortunes by implementing a strategy of diversification and expansion into new markets, such as consulting and services. He also focused on improving the company's customer service and streamlining its operations, leading to a significant increase in profitability.