Printed from http://www.electronista.com

IBM takes on Virginia Rometty as first woman CEO

updated 07:15 pm EDT, Tue October 25, 2011

Rometty succeeds Samuel Palmisano

IBM has announced that it has elected Virginia Rometty to serve as the company's new CEO. The move marks the first time the company has placed a woman in the top spot. She is not a newcomer to the upper ranks, however, having served as senior vice president and group executive for sales, marketing and strategy.

Rometty will succeed Samuel Palmisano, IBM's current chairman, president and chief executive. Palmisano will retain his position as chairman of the board, which he has held for eight years, while Rometty will also serve as a member of the board.

"Ginni Rometty has successfully led several of IBM's most important businesses over the past decade - from the formation of IBM Global Business Services to the build-out of our Growth Markets Unit," said Palmisano. "Ginni's long-term strategic thinking and client focus are seen in our growth initiatives, from cloud computing and analytics to the commercialization of Watson"

IBM recently surpassed Microsoft to become the second most valuable technology company, with a market cap that currently exceeds $251 billion. The company exited the consumer PC business in 2005 with a sale to Lenovo, however the subsequent focus on services and enterprise products appears to have proven successful.

Rometty will formally begin her duties as CEO on January 1.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. BaiGanyo

    Fresh-Faced Recruit

    Joined: Feb 2011

    0

    Oh my goodness

    I sure hope here husband is super smart.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Cambridge Audio DacMagic XS

Every computer with a microphone or headphone port has one -- a digital to analog converter (DAC). There are nearly as many chipsets a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News