01/10/2020

Ginni Rometty is out after a troubled eight-year run as leader of IBM.

Ginni Rometty is officially stepping down as the CEO of IBM, after an eight-year tenure in the role that saw the 108-year-old tech company go through a difficult transition to the cloud computing era. 
On April 6th, she will be replaced as chief executive by Arvind Krishna, currently IBM’s senior VP for cloud. That same day, Jim Whitehurst, CEO of IBM’s Red Hat subsidiary, will step up as president of IBM. IBM bought Red Hat for $34 billion in a deal announced in late 2018, and which closed in July.
Following the transition, Rometty will remain in her role as executive chairman of the company through the end of the year, after which time she’ll officially leave IBM entirely, ending an era that began when she first joined as a systems analyst in 1981.