IBM puts executive on leave after charges
October 19, 2009(AP) -- IBM Corp. has placed a top executive on leave after he was charged in an insider trading scandal for allegedly leaking secrets about IBM's earnings and financial dealings with corporate partners.
The company says Robert Moffat, a senior vice president and cost-cutting maven who was considered a top candidate to succeed CEO Sam Palmisano, no longer serves as an officer of the company. A woman who answered the phone at Moffat's home in Connecticut said he would not comment.
Rodney Adkins, who has been senior vice president in charge of development and manufacturing, was tapped to assume Moffat's position on an acting basis. That gives him oversight over IBM's mainframes and computer servers.
Adkins is the highest-ranking black executive IBM has ever had.
©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
-
IBM backs full-year profit forecast
May 14, 2009 |
not rated yet |
0
-
Lenovo's bid to challenge Dell
Dec 21, 2005 |
not rated yet |
0
-
Justice Dept probing IBM's computer market conduct
Oct 08, 2009 |
not rated yet |
0
-
Former Facebook exec Van Natta to be MySpace CEO
Apr 24, 2009 |
not rated yet |
0
-
IBM to Introduce a New Class of Open Virtualization
Jul 27, 2005 |
not rated yet |
0
-
Fast photon control brings quantum photonic technologies closer
1 hour ago |
5 / 5 (2) |
0
-
Engineers build first sub-10-nm carbon nanotube transistor
Feb 01, 2012 |
4.9 / 5 (33) |
30
-
Something old, something new: Evolution and the structural divergence of duplicate genes
Jan 31, 2012 |
4.6 / 5 (7) |
1
-
The hidden nanoworld of ice crystals: Revealing the dynamic behavior of quasi-liquid layers
Jan 30, 2012 |
5 / 5 (5) |
1
-
Stock market network reveals investor clustering
Jan 27, 2012 |
3.9 / 5 (23) |
8
-
How to tilt a object
14 hours ago
-
How to calculate total compressibility in liquid porous solid system
19 hours ago
-
Need help reading 3-D
Feb 11, 2012
-
A way to send and receive wireless data
Feb 11, 2012
-
Calling function with no input argument
Feb 10, 2012
-
Force free body diagram problem on gym equipment
Feb 10, 2012
- More from Physics Forums - General Engineering
More news stories
Independent group inspects Apple supplier
(AP) -- An independent group, the Fair Labor Association, has started auditing Apple Inc.'s Chinese supplier Foxconn after a request by Apple.
59 minutes ago |
not rated yet |
0
Teaching teens safety in the virtual world
A new cyber safety program on the dangers of social networking is being developed by Flinders University, in light of an alarming report which shows children as young as 12 are meeting internet strangers in ...
1 hour ago |
not rated yet |
0
Microsoft India retail site down after 'cyber attack'
Microsoft said Monday it was investigating an attack by hackers on its Indian retail website, reportedly carried out by a Chinese group called the "Evil Shadow Team."
4 hours ago |
not rated yet |
0
Chinese city seizes Apple iPads in name dispute
(AP) -- Authorities have seized Apple iPads from retailers in a city in northern China due to a dispute with a domestic company that says it owns the iPad name, an official said Monday. The Chinese company said it is asking ...
4 hours ago |
not rated yet |
0
AT&T customers surprised by 'unlimited data' limit
(AP) -- Mike Trang likes to use his iPhone 4 as a GPS device, helping him get around in his job. Now and then, his younger cousins get ahold of it, and play some YouTube videos and games.
6 hours ago |
5 / 5 (2) |
3
Planck mission steps closer to the cosmic blueprint
(PhysOrg.com) -- ESA's Planck mission has revealed that our Galaxy contains previously undiscovered islands of cold gas and a mysterious haze of microwaves. These results give scientists new treasure to mine ...
Slowing ocean current caused Earth to spin faster
(PhysOrg.com) -- Most people probably didn’t notice it, but back in 2009, the Earth spun around on its axis a tiny bit faster than usual, making for some slightly shorter days. It only happened for a ...
Fast photon control brings quantum photonic technologies closer
(PhysOrg.com) -- Using photons instead of electrons to transmit information could lead to faster and more secure ways to communicate, among other advantages. Now a team of physicists has taken another step toward realizing ...
New ability to regrow blood vessels holds promise for treatment of heart disease
(Medical Xpress) -- University of Texas at Austin researchers have demonstrated a new and more effective method for regrowing blood vessels in the heart and limbs — a research advancement that could have ...
New European rocket lifts off on maiden flight
Europe on Monday successfully launched a new lightweight rocket carrying a test payload, culminating a more than 12-year quest to master the entire range of space launchers.
New molecule has potential to help treat genetic diseases and HIV
(PhysOrg.com) -- Chemists at The University of Texas at Austin have created a molecule that's so good at tangling itself inside the double helix of a DNA sequence that it can stay there for up to 16 days before ...
