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Arvind Krishna To Take Over As IBM’s CEO

By John F. Heerdink, Jr.

International Business Machines Corporation (IBM) has elected Arvind Krishna, 57, as chief executive and a member of the Board of Directors. Krishna currently serves as IBM senior vice president for IBM’s cloud and cognitive software division and had played a major role company’s acquisition of Red Hat Inc.

Arvind is the right CEO for the next era at IBM,” Rometty said in a statement. “He is a brilliant technologist who has played a significant role in developing our key technologies such as artificial intelligence, cloud, quantum computing, and blockchain. He is also a superb operational leader, able to win today while building the business of tomorrow. Arvind has grown IBM’s Cloud and Cognitive Software business and led the largest acquisition in the company’s history. Through his multiple experiences running businesses in IBM, Arvind has built an outstanding track record of bold transformations and proven business results and is an authentic, values-driven leader. He is well-positioned to lead IBM and its clients into the cloud and cognitive era.” stated IBM CEO Ginni Rometty, who will continue as executive chairman of the Board and serve through the end of the year after which she will retire almost after 40 years of association with the company.

Arvind to take charge of his new role effective April 6.

Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. IBM announced recently two significant quantum processor upgrades for its IBM Q early-access commercial systems. These upgrades represent rapid advances in quantum hardware as IBM continues to drive progress across the entire quantum computing technology stack, with a focus on systems, software, applications, and enablement. To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: IBM names Arvind Krishna CEO, effective April 6 in MarketWatch)


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