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November 8, 1993

SENIOR VICE-PRESIDENT TO LEAVE IBM

By CBR Staff Writer

Louis Gerstner has won a few plaudits for appearing to be quick to acknowledge and rectify mistakes: he appointed Bernard Puckett senior vice-president, strategy and development in June, but now Puckett is leaving the company to explore opportunities to go into business for himself and James Cannavino, senior vice-president and general manager of Personal Systems, takes over the strategy and development portfolio; a successor to Cannavino is to be named in a few weeks.

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