IBM CEO Arvind Krishna to Succeed Rometty As Chairman

IBM’s board of directors appointed CEO Arvind Krishna as its chairman, taking over from executive chairman and former chief executive Ginni Rometty, who is retiring at the end of the year, after a nearly 40-year career with IBM, the company said in a press release.

The move, which was disclosed with the U.S. Securities and Exchange Commission Wednesday, comes after Krishna, a longtime IBM executive, replaced Rometty as CEO in April, making him the Armonk, N.Y.-based company’s 10th chief executive.

Krishna joined IBM in 1990 and has held senior leadership roles. Prior to that he served as senior vice president for cloud and cognitive software and was instrumental in the company’s acquisition of Red Hat.

IBM announced in October plans to spin off its managed infrastructure services unit to create two public companies. Krishna said then that the move will enable IBM to focus on open hybrid cloud platform and artificial intelligence capabilities.

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