Former Server GM Moffat Leaves IBM Under Scandal Clouds
November 2, 2009 Timothy Prickett Morgan
IBM told employees of its Systems and Technology Group in an internal memo last Friday that Bob Moffat, who has been linked to an insider trading scandal that erupted two weeks ago in New York, has left the company. Big Blue did not elaborate much on the situation, as has been the case since the insider trading scandal centered on two hedge funds–Galleon Group and New Castle Group–came to light on October 16. That Friday, Moffat, who was previously senior vice president and general manager of IBM’s Systems and Technology Group, was arrested by the FBI and charged by the |