IBM sues exec to prevent Apple move
IBM has filed suit against one of its former executives to prevent him jumping ship to Apple.
According to court documents, Mark Papermaster, who was vice president of IBM’s Blade Development unit until last week, signed a noncompete agreement preventing him from accepting a job with a competitor until one year after leaving the company.
In the suit filed at the US District Court in Manhattan, IBM claims Papermaster was one of its top 300 managers and had access to a wide range of the company’s intellectual property and trade secrets.
Papermaster, who was with IBM for the past 26 years, served as a member of the company’s Integration & Values Team since 2006.
“In his capacity as a member of the I&VT, Mr Papermaster has gained access to confidential information concerning the company’s strategic plans, marketing plans and long term business opportunities, including the development of specific IBM products,” the court papers report.
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