International Business Machines Corp sued its former executive Lindsay-Rae McIntyre, who was named Microsoft Corp's new chief diversity officer over the weekend, alleging violation of a one-year non-competitive agreement.
McIntyre, who "abruptly resigned to compete against IBM," was in possession of highly confidential and sensitive information about IBM's diversity strategies, hiring targets, technologies and innovations, IBM said in the lawsuit filed in a New York federal court on Monday.
Microsoft was not immediately available for comment outside regular business hours. McIntyre was not reachable for comment.
IBM complained that McIntyre using and disclosing, whether intentionally or not, its confidential and sensitive information would place the company at a competitive disadvantage.
IBM said it sought to enforce McIntyre's non-competition agreement for the 12-month period and recover from her the equity compensation she has forfeited by "violating her contractual duties" to IBM.
McIntyre, who "abruptly resigned to compete against IBM," was in possession of highly confidential and sensitive information about IBM's diversity strategies, hiring targets, technologies and innovations, IBM said in the lawsuit filed in a New York federal court on Monday.
Microsoft was not immediately available for comment outside regular business hours. McIntyre was not reachable for comment.
IBM complained that McIntyre using and disclosing, whether intentionally or not, its confidential and sensitive information would place the company at a competitive disadvantage.
Advertisement
IBM said it sought to enforce McIntyre's non-competition agreement for the 12-month period and recover from her the equity compensation she has forfeited by "violating her contractual duties" to IBM.
Advertisement
© Thomson Reuters 2018
COMMENTS
Advertisement
Bill Gates Calls India A "Global Leader In Breakthrough Innovations" Bill Gates Escaped Tightly Scheduled Life By Visiting Warren Buffett, Reveals New Book US Considers Breaking Up Google in Rare Antitrust Move Life On Earth Originates From One Ancestor, Older Than Previously Believed Kolkata Rape-Murder: Fractures, 150 mg Semen, Other Claims Denied By Cops Siddaramaiah's Swipe At Governor Amid Calls For Resignation: 10 Points Watch: Russian Woman Travels In Mumbai Local Train, Chats With Passengers Germany To Cut Down Military Aid For Ukraine In 2025: Report Hundreds Evacuated Amid Raging Forest Fire In Turkey: Report Track Latest News Live on NDTV.com and get news updates from India and around the world.