Thomas J. Watson, Jr. becomes CEO of IBM in May 1956. Over the next 15 years, Watson will transition IBM from the age of mechanical office equipment into the computer era during its most explosive period of growth. When Watson becomes CEO, IBM employs 72,500 people and has revenue of $892 million. When he steps down in 1971, there are more than 270,000 employees and revenue is $8.3 billion.
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