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Old 02-02-2020, 07:20 PM   #1
ChuangTzu
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Ginni Rometty is out as CEO of IBM, and Jim Whitehurst, the CEO of Red Hat is replacing her


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IBM's Ginni Rometty era is ending.

Rometty is stepping down as CEO of IBM in April after an eight-year tenure that saw the 108-year-old tech company go through a difficult transition to the cloud-computing era, the company said Thursday. It was her decision to leave, and the news comes at the conclusion of a long CEO search, according to a person familiar with the company.

She will be replaced as chief executive by Arvind Krishna, IBM's senior vice president of cloud. That same day, Jim Whitehurst, the CEO of IBM's Red Hat subsidiary, will become president of IBM. IBM bought Red Hat for $34 billion in a deal announced in 2018 that closed in July.

https://www.businessinsider.com/ibm-...replace-2020-1
 
  


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