Lou's Contract - FYI - This is Public Information



Posted by Tally_ho_us on 06 January 2001 at 05:00:58:

Have you ever wondered what's in Lou Gerstner's contract with
IBM? See http://tckrs.thecorporatelibrary.net/i/ibm/ceo_ibm.htm for the
actual contract.

By the way, this is not OUR corporate website. This is a public website
that has this PUBLIC information on it.

Thought you might be interested in reading it. There is a clause
that says that IBM will pay Lou his salary 90 days after he dies.

Someone mentioned that - I have not fully read it yet.