{"id":401315,"date":"2020-12-16T16:14:09","date_gmt":"2020-12-16T21:14:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401315"},"modified":"2020-12-16T16:14:09","modified_gmt":"2020-12-16T21:14:09","slug":"arvind-krishna-elected-ibm-chairman","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/arvind-krishna-elected-ibm-chairman\/","title":{"rendered":"Arvind Krishna Elected IBM Chairman"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Arvind Krishna Elected IBM Chairman<\/b><\/p>\n<p>ARMONK, N.Y.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe IBM (NYSE: IBM) board of directors has elected Arvind Krishna chairman of the board, effective January 1, 2021. Mr. Krishna, who is IBM&#8217;s chief executive officer and a member of the board, succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31, 2020, as the company previously announced in January of this year.\n<\/p>\n<p>\nMr. Krishna, 58, was elected IBM&#8217;s 10th CEO in January, and assumed the position on April 6, 2020 after holding numerous senior leadership positions in the company, most recently as IBM senior vice president for cloud and cognitive software, where he was a principal architect of the company&#8217;s acquisition of Red Hat. Recently, he announced the spin-off of IBM&#8217;s $19 billion Managed Infrastructure Services business, to be completed in 2021, which will create two industry-leading companies and enable IBM to focus on its leading open Hybrid Cloud and Artificial Intelligence Platform. He joined IBM in 1990 and became a director of the company in April.\n<\/p>\n<p>\nMrs. Rometty, 63, became IBM&#8217;s chairman, chief executive officer and president in 2012. During her tenure, she took bold strategic actions to reposition IBM for the hybrid cloud and artificial intelligence era. She reinvented IBM&#8217;s portfolio, investing in high-value segments of the IT market, divesting $9 billion of businesses and growing new units organically and through acquisition, including Red Hat, the largest acquisition in the company\u2019s history, to position IBM for long-term success. At the same time, she established IBM as the industry&#8217;s leading voice in technology ethics and data stewardship, and her commitment to the reinvention of education for the digital era led to the explosive growth of the six-year Pathways in Technology Early College High Schools, or P-TECHs, which are helping prepare the workforce of the future, serving hundreds of thousands of students in more than 240 schools in 28 countries.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201216005975r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201216005975\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201216005975\/en\/<\/a><\/span><\/p>\n<p>\nIBM<br \/>\n<br \/>Jonathan Adashek, 914-499-6606<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jonathan.adashek@ibm.com\">jonathan.adashek@ibm.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Semiconductor Security Satellite Photography Nanotechnology Audio\/Video Other Technology Telecommunications Software Networks Internet Hardware Electronic Design Automation Data Management Consumer Electronics VoIP Technology Mobile\/Wireless<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201216005975\/en\/2721\/3\/IBM8bar_12pxWide.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Arvind Krishna Elected IBM Chairman ARMONK, N.Y.&#8211;(BUSINESS WIRE)&#8211; The IBM (NYSE: IBM) board of directors has elected Arvind Krishna chairman of the board, effective January 1, 2021. Mr. Krishna, who is IBM&#8217;s chief executive officer and a member of the board, succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31, 2020, as the company previously announced in January of this year. Mr. Krishna, 58, was elected IBM&#8217;s 10th CEO in January, and assumed the position on April 6, 2020 after holding numerous senior leadership positions in the company, most recently as IBM senior vice president for cloud and cognitive software, where he was a principal architect of the company&#8217;s acquisition of Red Hat. Recently, he announced &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arvind-krishna-elected-ibm-chairman\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Arvind Krishna Elected IBM Chairman&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401315","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arvind Krishna Elected IBM Chairman - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/arvind-krishna-elected-ibm-chairman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arvind Krishna Elected IBM Chairman - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Arvind Krishna Elected IBM Chairman ARMONK, N.Y.&#8211;(BUSINESS WIRE)&#8211; The IBM (NYSE: IBM) board of directors has elected Arvind Krishna chairman of the board, effective January 1, 2021. Mr. Krishna, who is IBM&#8217;s chief executive officer and a member of the board, succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31, 2020, as the company previously announced in January of this year. Mr. Krishna, 58, was elected IBM&#8217;s 10th CEO in January, and assumed the position on April 6, 2020 after holding numerous senior leadership positions in the company, most recently as IBM senior vice president for cloud and cognitive software, where he was a principal architect of the company&#8217;s acquisition of Red Hat. 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Mr. Krishna, who is IBM&#8217;s chief executive officer and a member of the board, succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31, 2020, as the company previously announced in January of this year. Mr. Krishna, 58, was elected IBM&#8217;s 10th CEO in January, and assumed the position on April 6, 2020 after holding numerous senior leadership positions in the company, most recently as IBM senior vice president for cloud and cognitive software, where he was a principal architect of the company&#8217;s acquisition of Red Hat. 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