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Chronicles

The story behind the story

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IBM CEO Ginni Rometty to step down on April 6, to be replaced by SVP of Cloud and Cognitive Software Arvind Krishna; Jim Whitehurst to become President

- Ginni Rometty has been executive chairman, president and CEO since 2012.  — Rometty has been at IBM for almost four decades; the next one has been there for three decades.

CNBC Jordan Novet

Discussion

  • @cnbc @cnbc on x
    IBM shares up almost 4% after hours on news of CEO change. https://www.cnbc.com/...
  • @barbariancap @barbariancap on x
    Why not Watson? Thought he could do everything. https://twitter.com/...
  • @webmink Simon Phipps on x
    Red Hat takes over IBM - new president Jim Whitehurst. https://www.cnbc.com/...
  • @dealbook @dealbook on x
    Ginni Rometty, who struggled to achieve growth at IBM as it made the transition to new fields like cloud computing and artificial intelligence, is stepping down as C.E.O. https://www.nytimes.com/...
  • @amitabhk87 Amitabh Kant on x
    Delighted to see a brilliant Indian taking over as CEO of IBM. @ArvindKrishna is a visionary, a leader who has led IBM's newer technologies like artificial intelligence, cloud and quantum computing. https://www.bloomberg.com/...
  • @ibm @ibm on x
    Breaking news: Arvind Krishna elected as IBM Chief Executive Officer Jim Whitehurst elected IBM President Ginni Rometty continues as Executive Chairman of the Board Learn more: https://newsroom.ibm.com/... https://twitter.com/...
  • @bnnbloomberg BNN Bloomberg on x
    $IBM names Arvind Krishna as CEO; Rometty to retire at year's end https://www.bnnbloomberg.ca/ ... https://twitter.com/...
  • @spoonen Sanjay Poonen on x
    My warmest congrats to good friend Arvind Krishna, on being named CEO of the iconic American company, @IBM https://bloomberg.com/.... As a fellow Indian-American immigrant, so proud to see such leaders at @Microsoft @Google @Adobe @IBM @Mastercard & other Fortune 500 brands!
  • @iainthomson Iain Thomson on x
    Wow, Rometty out as CEO of IBM in favour of Arvind Krishna. Given IBM's desultory performance it's not a surprise, but the manner of her passing is. https://www.prnewswire.com/...
  • @sarahfrier Sarah Frier on x
    IBM was my first real tech company beat at Bloomberg, just as Rometty was starting. She refused all interviews so one day I went to some speech she was giving and came up to her after, told her who I was, asked a question, then quoted her. PR was furious. https://www.bloomberg.co…
  • @craw Crawford Del Prete on x
    Big news by @IBM. Congratulations #ginnyrometty on a great career. The next chapter begins with IBM leaning into core tech. IBM CEO Ginni Rometty is stepping down, Arvind Krishna to take over https://www.cnbc.com/...
  • @hedgehogoptions SHF on x
    G-d bless the employees, shareholders and bondholders of $IBM @IBM Good riddance Ginny @ FLEECED shareholders for $200M+ in pay for this - https://twitter.com/... https://twitter.com/...
  • @susanlitv Susan Li on x
    When #IBM CEO Gini Rometty took over in January 2012 $ibm traded at $180 today it's $136 https://twitter.com/...
  • @gerritd Gerrit De Vynck on x
    IBM press releases plays up Arvind Krishna's background as a technologist. One of the rank-and-file grumbles about Rometty was that she came from the consulting side of the business
  • @gerritd Gerrit De Vynck on x
    Jim Whitehurst (former Red Hat CEO which IBM bought in 2018) will be president. There was speculation that he could get the CEO job if Rometty were to finally leave
  • @tomwarren Tom Warren on x
    Arvind Krishna is an IBM vet, and currently runs the company's cloud business. He's a techie. This mirrors Satya Nadella's rise to CEO at Microsoft https://twitter.com/...