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L. A. ZIMMERMAN ELECTED IBM CONTROLLER; J. J. MARTIN ELECTED IBM ASSISTANT CONTROLLER

 L. A. ZIMMERMAN ELECTED IBM CONTROLLER;
 J. J. MARTIN ELECTED IBM ASSISTANT CONTROLLER
 ARMONK, N.Y., Dec. 5 /PRNewswire/ -- The IBM board of directors has elected Lawrence A. Zimmerman as IBM controller and Joseph J. Martin as IBM assistant controller, IBM announced today.
 Zimmerman, who was assistant general manager, finance and planning, worldwide manufacturing and development operations, will report to James J. Forese, IBM vice president, finance, corporate finance and planning staffs.
 Zimmerman joined IBM in 1966 as an accountant and served in a variety of financial posts within the company before he was named controller of the Field Engineering Division in 1983. He became director of pricing for the Information Systems and Storage Group in 1985 and was named vice president of plans and controls for the Systems Technology Division in 1986. Two years later, he was named IBM director of finance and planning.
 In 1989, Zimmerman became the assistant general manager, finance and planning, Enterprise Systems line of business, and assumed his most recent position in July 1991.
 Martin, who will report to Zimmerman, joined IBM in 1964 as an accountant and held various accounting and managerial positions before he was named director of accounting in 1986 for the Information Systems and Communications Group. One year later, he became director of accounting analysis for the Information Systems Technology Group. Martin was named director of accounting operations, IBM corporate headquarters, in 1988, and two years later was appointed IBM director of accounting operations, corporate headquarters.
 -0- 12/5/91
 /CONTACT: Rob Wilson of IBM, 914-765-6565/
 (IBM) CO: International Business Machines Corporation ST: New York IN: CPR SU: PER


JT -- NY046 -- 9633 12/05/91 11:33 EST
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Publication:PR Newswire
Date:Dec 5, 1991
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