IBM sues ex-top exec to return $470k bonus over working at rival

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IBM is suing a former top executive, saying she needs to return $470,000 in bonuses after she took a job at a rival firm

IBM wants its former top executive in Thailand to return $470,000 in bonuses after she started a job at one of its competitors, Accenture, just six weeks after leaving the company.

During her employment, Chantaruck received a number equity awards from IBM as part of an agreement to safeguard IBM's confidential information, and"not engage in certain proscribed competitive conduct within specific time periods," the company wrote in the lawsuit. Insider reached out to IBM for clarification on the length of this time period, but did not immediately hear back.

 

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