Another article, just posted. Leigh
IBM technology exec to become a Dell vice chairman
NEW YORK, Dec 13 (Reuters) - The architect of International Business Machines Corp.'s (NYSE: IBM) massive technology component supply deal with Dell Computer Corp. (NASDAQ: DELL) has elected to leave IBM and join Dell, the companies said on Monday.
James Vanderslice, an IBM senior vice president, head of its Technology Group and the point man on several multi-billion IBM component supply deals this year, will join Dell as one of the fast-growing personal computer maker's vice chairmen.
In a statement, Dell said Vanderslice would replace current Vice Chairman Mort Topfer, who plans to retire from the company at the end of 2001. Topfer, a technology industry veteran, joined Dell in 1994 from Motorola Inc. (NYSE: MOT) to manage Dell's world-class personal computer manufacturing operations.
The Round Rock, Texas-based company also said it had named Topfer and Sam Nunn, the former U.S. senator from Georgia and one-time head of the Senate Armed Services Committee, to join Dell's board of directors.
In response, IBM said it planned to reshuffle several senior executives and would divide Vanderslice's prior responsibilities into two separate businesses -- technology components and finished high-volume storage systems.
In a show of the importance IBM puts on the fast-growing data storage equipment market, the Armonk, N.Y.-based company said it had shifted Linda Sanford, the chief of IBM's sales force, to focus solely on the IBM storage business. Nick Donofrio, the head of IBM's research division, was named to replace Vanderslice as head of the technology components unit.
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