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Louis V. Gerstner, Jr.

Louis V. Gerstner, Jr.

Louis V. Gerstner, Jr. served as chief executive officer and chairman of the board of IBM Corporation from April 1993 to March 2002 and chairman until his retirement in December 2002.

In January 2003, he assumed the position of chairman of The Carlyle Group, a global private equity firm located in Washington, D.C. He served as chairman until October 2008 and upon retiring from that position, he continued as a senior advisor to Carlyle through September 2016.

Before joining IBM, Gerstner served as chairman and chief executive officer of RJR Nabisco, Inc. Prior to that he served as president of the American Express Company and was a director of the management consulting firm, McKinsey & Co., Inc.

A native of Mineola, New York, Gerstner received a bachelor's degree in engineering from Dartmouth College in 1963 and an MBA from Harvard Business School in 1965. He is a member of the National Academy of Engineering, a fellow of the American Academy of Arts and Sciences, and a member of the Council on Foreign Relations, and has been awarded honorary doctorates from a number of U.S. universities.

Gerstner is the former chairman of the board of directors of the Broad Institute of MIT and Harvard, having held that position from 2013 through May 2021; a member of the board of Memorial Sloan-Kettering Cancer Center; and chairman of the board of Gerstner Sloan Kettering Graduate School of Biomedical Sciences. He was vice chairman of the board of the American Museum of Natural History from 2007 until 2020, and chairman of the board of advisors for the Columbia Medical Center Department of Ophthalmology from 1998 to 2012. He also served as a member of the board of the Council on Foreign Relations from 1995 to 2005, and as a member of the board of directors of the National Committee on U.S.-China Relations from 2004 to 2011. In past years he served on a number of public company boards including Bristol-Myers Squibb, The New York Times, American Express, AT&T, and Caterpillar, Inc.

In 2019, he established the Gerstner Center for Cancer Diagnostics at the Broad Institute, aimed at advancing blood-based biopsies and other technologies to speed cancer diagnosis and track patients’ response to therapies.

A lifetime advocate of the importance of quality K-12 education in America, Gerstner created The Teaching Commission in 2003 to develop specific policy recommendations to raise the stature, performance, and accountability of teachers in U.S. schools. From 1996 to 2002 he co-chaired Achieve, an organization created by U.S. governors and business leaders to drive high academic standards for public schools in the United States. At IBM he established Reinventing Education as a strategic partnership with 21 states and school districts which utilize IBM technology and technical assistance to eliminate key barriers to school reform and improve student performance.

Gerstner has received numerous awards for his work in education, among them the Cleveland E. Dodge Medal for Distinguished Service to Education - Teachers College, Columbia University, and the Distinguished Service to Science and Education award from the American Museum of Natural History. In recognition of his efforts on behalf of public education, as well as his business accomplishments, he was awarded the designation of honorary Knight of the British Empire by Queen Elizabeth II in June 2001.

Gerstner is the author of Who Says Elephants Can't Dance, the best-selling account of IBM's transformation; and he is the co-author of the book Reinventing Education: Entrepreneurship in America's Public Schools.

June 2021