Gerstner, L. (2002). And very individualistic.". Cnbc Exclusive: Excerpts: Cnbc'S Scott Wapner Interviews Brad Gerstner The Carlyle Group's biography of Gerstner, Website for the Gerstner Family Foundation, https://en.wikipedia.org/w/index.php?title=Lou_Gerstner&oldid=1138077373, Leading IBM's historic corporate turnaround in the 1990s, This page was last edited on 7 February 2023, at 22:43. Many companies are looking to make self-driving trucks. Altimeter Growth Corp is based in Silicon Valley and Boston, where Gerstner serves as Chairman, Chief Executive Officer, and President. Altimeter Capital's Brad Gerstner said rate hikes need to slow in order to avert an ongoing crisis at regional banks. Later, he earned a Master of Business Administration (MBA) degree from Harvard Business School in 2000. Gerstner's career, though, spanned 43 years which also included more than a decade at McKinsey, senior positions at American Express, and four years as chairman and CEO of RJR Nabisco. [10][11], In his memoir, Who Says Elephants Can't Dance?, he describes his arrival at the company in April 1993, when an active plan was in place to dis-aggregate the company. Altimeter is focused on technology investment, and has found multi-billion-dollar success. Under his stewardship, IBMs market value jumped from $29billion to $168billion over the course of nine years, Bloomberg reported.. Gerstner Jr retired as CEO in 2002, and later wrote a book about his experience turning around IBM's fortunes titled Who Says Elephants Cant Dance? Gerstner led a Series C investment into Snowflake, which went public in 2020 and was dubbed the largest software IPO at the time. He attended Wabash College between 1989 and 1993, where he obtained an undergraduate degree. But Gerstner said there would be "plenty of questions" about the Fed's response to inflation, given the collapse of SVB and the ensuing regional bank sell-off.
