Rometty became ibm ceo eight years ago after previously overseeing sales and marketing. Indianorigin arvind krishna elected new ceo of ibm. Ibm cuts jobs around us as new ceo looks for revival. Krishna, 57, has been ibms senior vice president for cloud computing and cognitive software and also has a long career at the company.
Krishna, 57, is currently the head of ibms cloud and cognitive software unit and was a principal architect of the companys purchase of red hat, which was completed last year. February 17, 1874 june 19, 1956 was an american businessman. Ibm acquired 64 companies during ginnis tenure as ceo, including red hat, the largest acquisition in the companys history. Apr 21, 2020 the opensource technology company brought to ibm an innovative hybrid cloud platform and a vast opensource developer community. Ibm announced today that the board of directors has elected ibm senior vice president for cloud and cognitive software arvind krishna to replace current ceo ginni rometty.
Accenture is a public company that was founded in 1989 in dublin, county dublin. Arvind krishna, in his first earnings call as ibms ceo, says it is essential for the company to focus on customers journey to the hybrid cloud. The transaction is expected to close in mid2019, subject to completion of applicable regulatory. He served as vice president of strategy for ibm software. Born in andhra pradesh, krishna joined ibm back in 1990.
Ibms new ceo spells out priorities, especially cloud, and. Biography portal companies portal lists portal list of chief executive. Jan 30, 2020 arvind krishna will take over as ceo starting april 6. Meet arvind krishna, new ibm ceo who is latest south. While it has not been a long time since arvind krishna stepped in as ibms ceo, he should be given the benefit of doubt. Ceo product categories are collections of closely associated products, which together, create an enterprise infrastructure solution. Ginni rometty is chairman, president and chief executive officer of ibm.
Since becoming ceo in january 2012, ginni has led ibm through the most significant transformation in its history, reinventing the company to lead in the new era of ai, blockchain, cybersecurity and quantum technologies, all delivered on ibm s enterprise. Ginni rometty became chief executive of ibm in 2012. Feb 04, 2020 the company still relies more on slowgrowing hardware and software businesses than cloud computing, a. She previously served as chairman, president and ceo of ibm, becoming the first woman to head the company. Ibm board of directors has elected arvind krishna as chief executive officer of the company and a member of the board of directors, effective april 6, 2020. Jan 30, 2020 krishna, 57, is currently the head of ibms cloud and cognitive software unit and was a principal architect of the companys purchase of red hat, which was completed last year. Arvind krishna, who heads the companys cloud and cognitive software division, will succeed rometty in april. James whitehurst, ibms senior vice president and ceo of red hat, was elected president. Ibm business partners say new ceo arvind krishna needs to set his.
Ibm ceo arvind krishna doubled down on the firms commitment to artificial intelligence. He has been ibms senior vice president for cloud computing and cognitive software and also has a long career at the company. Ibms ginni rometty is stepping down as ceo the washington post. Ginni rometty is retiring after almost 40 years at ibm and will be succeeded as ceo by arvind krishna, who heads the companys cloud and cognitivesoftware division. Arvind krishna to replace retiring ginni rometty siliconangle. He oversaw the companys growth into an international force from 1914 to 1956. Ginni rometty, 1st female ceo at ibm, to step down in. Ibm names arvind krishna ceo, replacing ginni rometty. She will still serve as executive chairman of the board through the end of the year. In a statement, ibm said its board of directors has elected arvind krishna as chief executive officer of the company, and a member of the board of directors, effective april 6, 2020.
International business machines corporation ibm is an american multinational technology. At ibm, former cfo martin schroeter and jim whitehouse, the ceo of software company red hat acquired by ibm in july, are said likely to succeed ceo ginni rometty next year. Ceo product category customers must acquire their first primary ceo product category on an enterprisewide basis and subject to that categorys minimum initial user quantity, and may then acquire additional secondary product categories for the same number or less users than the primary category, but subject to each secondary categorys minimum initial user quantity. Ibm today announced a definitive agreement under which funds advised by affiliates of centerbridge will acquire ibms marketing platform and commerce software offerings the company. Krishna is currently the head of ibms cloud and cognitive software unit and was a. The good news is that ibm s bet is beginning to pay off. Cormier, previously red hats president of products and. Incoming ceo krishna pictured, currently ibms vice president of cloud and cognitive software, is said to be the principal architect of the red hat acquisition, which was completed in. Jan 30, 2020 ibm is a company that has long provided ample opportunities for women, said ms. Ibms new ceo is mastermind behind cloud strategy bloomberg. Ibm ceo ginni rometty is stepping down, arvind krishna to. Arvind previously was senior vice president of cloud and cognitive software, where he pioneered the companys hybrid cloud business, transformed ibms entire software and services portfolio.
Krishnas portfolio at ibm worked in his favour as he was appointed to take up the ceo office on january 31. At the same time the company has stuck around in core markets like mainframe computers and database software. Arvind krishna to replace virginia rometty as ibm ceo finextra. International business machines corporation ibm is an american multinational technology company headquartered in armonk, new york, with operations in over 170 countries. Ginni rometty, ceo of ibm, speaking at the business roundtable ceo. Krishna, currently ibm senior vice president for cloud and cognitive software, was a principal architect of the companys acquisition of red hat. Ibm said the companys commitment to diversity and inclusion advanced under romettys. Indianorigin technology executive arvind krishna has been named as the chief executive officer of american it giant international business machines ibm after a worldclass succession process, succeeding virginia rometty, who described him as the right ceo for the next era at ibm and wellpositioned to lead the company into the cloud and cognitive era. It was the biggest acquisition in ibms centurylong history one which the company says krishna was a principal architect in making happen.
Cormier, previously red hats president of products and technologies, replaces jim whitehurst, who is. Ibm ceo retiring, red hat ceo promoted as ibm changes. Jan 31, 2020 krishna, ibms senior vice president for cloud and cognitive software, will take over on april 6 after a couple months of transition. Arvind krishna will replace ginni rometty as ibm ceo in. Iitian arvind krishna to be new ibm ceo, replacing ginni rometty. Still, leading worzalla, an employeeowned company which specialized in.
Under outgoing ceo ginni rometty, who the company says will remain as executive chairman through the end of 2020, ibm positioned itself as a. Ibm ceo ginni rometty steps down, remain executive. The ibm board of directors elected krishna as company ceo and member of the. Ibm shares jumped as much as 5% on thursday after the company said arvind krishna is becoming its 10th ceo, replacing virginia ginni rometty. He has been ibm s senior vice president for cloud computing and cognitive software and also has a long career at the company. Krishna, ibms senior vice president for cloud and cognitive software, will take over on april 6 after a couple months of transition. Arvind krishna takes over as ceo of ibm monday, replacing ginni. As the new ceo of ibm, krishna would be a nadellalike leader calm but deep, firm but unaggressive, said rishikesha krishnan, a professor of strategy at the indian institute of. The police ict company, in conjunction with the uk home office, merged 122 separate ibm data analytics software contracts across 43 police forces and other law enforcement agencies to provide analysts with access to ibm i2 and other analytical software, giving them deep visibility into the digital footprints of criminal activity. Under outgoing ceo ginni rometty, who the company says will remain as executive chairman through the end of 2020, ibm positioned itself as a timetested provider offlexible cloud infrastructure. Krishna, senior vice president for cloud and cognitive software, will take over as ceo effective april 6, the company said. Krishna began his career at ibm as an engineer in ibm research, was promoted to senior vice president in 2015, and was promoted to ceo in 2020. Ibm names arvind krishna ceo, effective april 6 marketwatch. Ibm ceo virginia rometty, one of the most prominent female leaders in tech, is stepping down on april 6th, 2020.
Ibm launched its hybrid cloud product three months later. Rometty, was an ibm employee as far back as the early 80s. Krishna was architect of red hat deal meant to boost. Arvind has grown ibms cloud and cognitive software business and led the. Last year, at krishnas suggestion, ibm acquired open source software provider. James whitehurst, ibms senior vice president and ceo of red hat, was. Ibms board of directors elected ibm senior vice president for cloud and cognitive software arvind krishna as their next ceo. But even going toetotoe with a company like amazon will be difficult if only one aspect of the company is given importance. Ginni rometty, 1st female ceo at ibm, to step down in april. He served as the chairman and ceo of international business machines ibm. Ginni rometty, ibm ceo, retiring after nearly 40 years. Rometty will remain with the company as chairman of the board. Arvind krishna elected ibm chief executive officer ibm news room.
Arvind krishna will take over as ceo starting april 6. Apr 06, 2020 arvind previously was senior vice president of cloud and cognitive software, where he pioneered the companys hybrid cloud business, transformed ibms entire software and services portfolio. Like ibm, accenture also competes in the it services field. Ibm produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from. Todays ibm, it might surprise you to learn, is first and foremost a software company. And as ibm continues to evolve over the next few years, it will become even more of a software company. Jan 30, 2020 ibm announced today that the board of directors has elected ibm senior vice president for cloud and cognitive software arvind krishna to replace current ceo ginni rometty. The current ceo, virginia rometty, will serve as executive chairman until the end of the year, at which point she will retire. Rometty tried to offset the sluggish growth of ibms legacy software, hardware, and it services.
Virginia ginni marie rometty born july 29, 1957 is an american business executive, serving as executive chairman of ibm. Krishna has been ibm s senior vice president for cloud computing and cognitive software and also has a long. Ibm ceo ginni rometty is stepping down, arvind krishna to take over. Rometty will remain with the company as chairman of. Ibm is a company that has long provided ample opportunities for women, said ms. The company began in 1911, founded in endicott, new york, as the computingtabulatingrecording company ctr and was renamed international business machines in 1924. Shares in ibm fell 25 percent during her tenure, while those in. Compared to ibm, accenture has 141,400 more employees. The most important choice facing ibms new ceo arvind krishna. The opensource technology company brought to ibm an innovative hybrid cloud platform and a vast opensource developer community.
Lou gerstner was hired as ceo from rjr nabisco to turn the company around. Jan 30, 2020 ibm ceo virginia rometty, one of the most prominent female leaders in tech, is stepping down on april 6th, 2020. Ginni rometty, ibms first female ceo, to exit in april. Krishna, 57, is currently the head of ibms cloud and cognitive software unit and was a principal architect of the companys purchase of red hat. Arvind has grown ibms cloud and cognitive software business and led the largest acquisition in the companys history. Apr 06, 2020 ibm s opensource software company red hat has named paul cormier as its president and ceo. Jan 31, 2020 ibm launched its hybrid cloud product three months later. The deal will see ibm acquire all of the issued and outstanding common.
Krishna is currently ibm senior vice president for cloud and cognitive software, and was a principal architect of the companys acquisition of red hat. International business machines ibm, is a global technology company that provides hardware, software, cloudbased services and cognitive computing. Jan 31, 2020 indianorigin technology executive arvind krishna has been named as the chief executive officer of american it giant international business machines ibm after a worldclass succession process, succeeding virginia rometty, who described him as the right ceo for the next era at ibm and wellpositioned to lead the company into the cloud and cognitive era. Watson developed ibms management style and corporate culture from john henry pattersons training at ncr. Virginia rometty, ibm chairman, president and chief executive. These ceo product categories are offered on a per user basis and are subject to specific acquisition rules including a minimum initial user quantity requirement minimum varies by ceo product category. Ibm needs to use its arsenal of technology, expertise and services to take down its competitors. Ibms opensource software company red hat has named paul cormier as its president and ceo. Every company will become an ai company joel khalili. Ibm competitors, revenue and employees owler company profile. The following is a chronological list of people who have served as chief executive officer of ibm, an american multinational technology and consulting firm headquartered in armonk, new york thomas j. Jan 30, 2020 the company said thursday that arvind krishna will take over as ceo starting april 6. Ibms new ceo faces a trial by fire the motley fool.
Apr 06, 2020 under outgoing ceo ginni rometty, who the company says will remain as executive chairman through the end of 2020, ibm positioned itself as a timetested provider of flexible cloud infrastructure. Jan 30, 2020 incoming ceo krishna pictured, currently ibms vice president of cloud and cognitive software, is said to be the principal architect of the red hat acquisition, which was completed in july 2019. Prior to becoming president and ceo in january 2012, she first joined ibm as a systems engineer in 1981 and subsequently headed global sales, marketing, and strategy. Krishna has been ibms senior vice president for cloud computing and cognitive software and also has a. The good news is that ibms bet is beginning to pay off. The following is a chronological list of people who have served as chief executive officer of ibm. The company still relies more on slowgrowing hardware and software businesses than cloud computing, a. Arvind krishna born 1962 is an indian american business executive.
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