Business: Personal File: May 26, 1961

∙"We are used to running with a full head of steam here at IBM. I intend to keep it that way." With this determination, Albert L. Williams, 50, moved into the presidency of the International Business Machines Corp., succeeding Tom Watson Jr., 47-year-old son of the man who built IBM. Watson, who wants time for broader activities, will continue as IBM's chairman and chief executive officer, but will concentrate on long-term policy while Williams takes over day-to-day operations. First attracted to IBM by a newspaper report that Tom Watson Sr. was one of the nation's highest-paid executives, Williams (who earned nearly...

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