IBM Sues Former Thai Executive for Return of $470,000 Bonus
- Patama Chantaruck moved to Accenture a month after resigning
- IBM says Chantaruck breached contract by moving so quickly
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IBM Corp. is suing the former top executive in its Thailand subsidiary, claiming she should pay back nearly half a million dollars in bonus awards for taking a job at a rival company.
In a lawsuit filed Monday in federal court in New York, the tech giant alleged its former Thailand general manager, Patama Chantaruck, breached her contract when she accepted a senior role with Accenture. IBM said Accenture was its largest competitor in the Asia-Pacific region in terms of consulting revenue.