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Robert Moffat (businessman)

From Alfawiki
Robert "Bob" Moffat
Born1956
Alma materUnion College (Schenectady, New York)
OccupationBusiness executive
Years active1978–2009
Known forSenior Vice President at IBM; involvement in Galleon Group insider trading case

Robert "Bob" Moffat (born 1956) held a high-ranking position at IBM, where he served as senior vice president of the systems and technology division and was viewed as a likely candidate for the CEO role. He earned his degree from Union College located in Schenectady, New York.

In October 2009, Moffat, along with five others, faced arrest on charges of securities fraud and conspiracy tied to the Galleon Group insider trading probe. He admitted guilt and completed a six-month prison sentence.

IBM

Starting his career at IBM in 1978, Moffat was guided by Sam Palmisano, who eventually became IBM’s chief executive. Throughout his tenure, Moffat climbed the corporate ladder to hold key leadership positions, including the role of global supply chain head. In 2006, while serving as Senior Vice President of Integrated Operations, he was recognized by Network World as one of the 50 Most Influential People.

Galleon arrest

In 2009, Moffat was taken into custody for allegedly providing confidential information to Danielle Chiesi, with whom he maintained an extramarital relationship beginning in 2003.

As reported by Bloomberg, Moffat revealed that the legal proceedings placed significant strain on his wife’s multiple sclerosis condition and resulted in his alienation from former IBM associates. Furthermore, he forfeited approximately $65 million in potential benefits had he continued his career at IBM.

Personal

Moffat is a father to at least four children and has resided across multiple states and countries—including Minnesota, France, New York, Connecticut, and North Carolina—over his three decades with IBM.