IBM sues former top Thai executive for return of $624,000 bonus
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IBM alleged its former Thailand general manager, Ms Patama Chantaruck, breached her contract when she accepted a senior role with Accenture.
PHOTO: REUTERS
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NEW YORK – IBM Corp is suing a former top executive in its Thailand subsidiary, claiming she should pay back nearly half a million dollars in bonus awards for taking a job at a rival company.
In a lawsuit filed on Monday in federal court in New York, the technology giant alleged that its former Thailand general manager, Ms Patama Chantaruck, breached her contract when she accepted a senior role with Accenture. IBM said Accenture was its largest competitor in the Asia-Pacific region in terms of consulting revenue.
Ms Patama, who joined IBM in 2018, resigned last year and joined Accenture as Thailand managing director a month later, in April 2022, according to the suit. IBM claimed it awarded her bonuses totalling more than US$470,000 (S$624,000) in exchange for Ms Patama safeguarding confidential company information and not engaging in “competitive conduct within specific time periods”.
Her swift move to Accenture gives IBM the right to rescind her bonus, the latter company said in its suit.
“IBM and Accenture entities compete particularly in the information, digitalisation and consulting spaces, both globally and within the Asia-Pacific region,” IBM’s lawyers wrote in the complaint.
IBM said it had asked her to return the money, but she refused.
Ms Patama and Accenture did not immediately respond to a request for comment.
Regularly recognised as a top tech executive in South-east Asia, Ms Patama spent many years working for Microsoft before she joined IBM. The Bangkok Post named her one of its 24 Women of the Year in 2021, along with former New Zealand prime minister Jacinda Ardern and Taiwan President Tsai Ing-wen. BLOOMBERG
