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Former Vanguard Chief Bill McNabb Joins IBM Board

By John F. Heerdink, Jr.

Last week, F. William McNabb III joined the IBM board of directors adding a total of 13 directors to the board. Mr. McNabb a graduate of Dartmouth College and an M.B.A. from the Wharton School of the University of Pennsylvania formerly served The Vanguard Group, Inc, as chief executive officer and chairman. The election to the IBM board is effective October 29, 2019, as per reports.

Ginni Rometty, IBM chairman, president, and chief executive officer, stated  “Bill McNabb is an outstanding business executive, well known for his leadership in corporate governance. His experience in global investing and deep commitment to delivering long-term shareholder value will make him a powerful addition to the IBM board.”

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 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.

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(Read Original Story: IBM Elects Bill McNabb to Its Board of Directors in Business Wire)