News
Lotus CEO Resigns
Jeff Papows, the CEO of Lotus Development Corp., has announced his resignation, effective February 1.
Al Zollar, general manager of IBM's Network Computing Software division, has been named to replace Papows as CEO. Zollar joined IBM in 1977 as a systems engineer trainee and currently serves as a member of IBM's Worldwide Management Council.
Papows' resignation caps a year of turmoil for him at Lotus www.lotus.com that included being named in a sexual discrimination complaint and a Wall Street Journal profile questioning his honesty about his background. Papows will remain at Lotus to assist in the transition, the company said in a statement. It has been reported that Papows will then head a start-up company.