
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, October 14, 1995                   TAG: 9510160036
SECTION: BUSINESS                    PAGE: A4   EDITION: METRO 
SOURCE: ASSOCIATED PRESS
DATELINE: NEW YORK                                 LENGTH: Short

IBM IS BETTING 2 HEADS BETTER THAN 1 TO LEAD LOTUS

Moving quickly to replace Lotus Development Corp. chief executive Jim Manzi, IBM on Friday named two executives steeped in Lotus' communications products to lead the software company.

Michael D. Zisman will become chief executive officer and Jeffrey Papows chief operating officer of Lotus, which IBM bought last summer for $3.5 billion, the software industry's largest acquisition.

They jointly will represent an ``Office of the President'' with Zisman focusing on strategy and Papows on operations. They will report to John M. Thompson, IBM's senior vice president in charge of software products.

Their appointment is a sign of the importance IBM places on Lotus' communications products, particularly the Notes program that handles databases and electronic mail conversations..

Both men have been with Lotus for less than two years and just became Lotus senior vice presidents last week. Because of cost-cutting that started before IBM's takeover and the elimination of redundant posts afterward, Lotus has shed many senior executives this year.

by CNB