Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Akers And Hanson Together Again


In Business This Week: HEADLINER: JOHN AKERS

AKERS AND HANSON--TOGETHER AGAIN

Former IBM Chairman John Akers has kept a low profile since being pressured by shareholder activists to step down in 1993. But his latest gig shows a real knack for letting bygones be bygones. In late September, Akers joined the advisory board of Directorship Inc., a Greenwich (Conn.) consulting firm that advises corporate boards on directors' legal responsibilities, pay, and other issues.

Akers goes way back with at least one fellow member of Directorship's board, Dale Hanson. The former CEO of the California Public Employees' Retirement System may have contributed to Akers' ouster: While at CalPERS, Hanson put pressure on IBM's board to do something about the company's poor performance. "We try and get as diverse a group of people as we can," says Peter Garrett, publisher of the consulting firm's newsletter, Directorship. What will Akers, who also serves on the boards of PepsiCo Inc. and the New York Times Co., add?

"The experience of 35 years in business," Akers says. "I don't have anything else to say."EDITED BY THANE PETERSON By Elizabeth Lesly


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus