IBM Sues to Keep Former Exec Out of Dell’s Camp
Former IBM mergers and acquisitions chief David Johnson finds himself on the potentially wrong end of a lawsuit seeking to prevent him from accepting employment with Dell. According to IBM, the new job would allegedly run afoul an agreement Johnson signed preventing him from working with rival companies.
“Mr. Johnson has possession of valuable confidential information and cannot undertake a senior strategy position at Dell without violating his obligations to IBM,” said Edward Barbini, a spokesman for IBM. “Mr. Johnson repeatedly received significant compensation in exchange for agreeing to noncompete provisions.”
For the last nine years, Johnson oversaw mergers and acquisitions and was privy to other strategic deals, according to the lawsuit. However, it remains unclear exactly what position Johnson was offered with Dell.
“Characterizations by others of his role are speculative,” said David Frink, a spokesman for Dell. “Without exception, Dell respects the trade secrets and intellectual property of others.”
Techknology Flickr
Gowalla
-
Last.FM
