Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts

Arvind Krishna is not the only CEO to step into a new job this week, but he is the only one charged with helping turn around one of the world’s most iconic companies. Adding to the degree of difficulty, he took the role in the midst of a global pandemic and economic crisis. No pressure […] Continue reading Incoming IBM CEO Arvind Krishna faces monumental challenges on multiple fronts

Ginni Rometty leaves complex legacy as she steps away as IBM CEO

When Ginni Rometty steps down as CEO at IBM in April and her replacement Arvind Krishna takes the helm, more than eight years will have passed since she took the reins at Big Blue. The executive helped lead a massive transformation, but IBM has had a bumpy financial ride throughout her tenure — at one […] Continue reading Ginni Rometty leaves complex legacy as she steps away as IBM CEO

Arvind Krishna will replace Ginni Rometty as IBM CEO in April

IBM announced today that the Board of Directors has elected IBM Senior Vice President for Cloud and Cognitive Software Arvind Krishna to replace current CEO Ginni Rometty. He will take over on April 6th after a couple of months of transition time. Rometty will remain with the company as Chairman of the Board. Krishna reportedly […] Continue reading Arvind Krishna will replace Ginni Rometty as IBM CEO in April

With $34B Red Hat deal closed, IBM needs to execute now

In a summer surprise this week, IBM announced it had closed its $34 billion blockbuster deal to acquire Red Hat. The deal, which was announced in October, was expected to take a year to clear all of the regulatory hurdles, but U.S. and EU regulators moved surprisingly quickly. For IBM, the future starts now, and […] Continue reading With $34B Red Hat deal closed, IBM needs to execute now

Forget Watson, the Red Hat acquisition may be the thing that saves IBM

With its latest $34 billion acquisition of Red Hat, IBM may have found something more elementary than “Watson” to save its flagging business. Though the acquisition of Red Hat  is by no means a guaranteed victory for the Armonk, N.Y.-based computing company that has had more downs than ups over the five years, it seems […] Continue reading Forget Watson, the Red Hat acquisition may be the thing that saves IBM