Louis Gerstner, CEO Credited With Turning Around IBM, Dies at 83

Louis Gerstner, who took over International Business Machines Corp. when it was on its deathbed and resuscitated it as a technology industry leader, died Saturday. He was 83.

IBM chairman and CEO Arvind Krishna announced Gerstner’s death in an email sent Sunday to its employees, but didn’t provide a cause of death.

Gerstner’s nine-year tenure as chairman and CEO of the company known as “Big Blue” is often used as a case study in corporate leadership.

On April Fool’s Day, 1993, he became the first outsider to run IBM, which was facing a choice of bankruptcy or dismemberment after ...