ARMONK, N.Y. (AP) — IBM CEO Ginni Rometty is stepping down after nearly 40 years with the computing giant and eight years at its helm.
The company said Thursday that Arvind Krishna will take over as CEO starting April 6. Krishna has been IBM's senior vice president for cloud computing and cognitive software and also has a long career at the company.
IBM has been trying to revitalize its business to become a leader in cloud technology.
Cloud computing, in which services are delivered over the internet from remote computers, has become a growing portion of IBM's revenue. But the company has been overshadowed by top cloud rivals Amazon, Microsoft and Google in competing to sell its internet-based computing services to businesses.
Rometty will remain IBM's executive chairwoman until the end of the year.
Shark attack survivor Paul de Gelder joins us to talk Navy diving, bull sharks, and his wild return in Air Jaws and more during Discovery’s Shark Week!
Joe Spector, founder of Dutch and Hims & Hers co-founder, joins us to discuss how telehealth is transforming pet care—and what’s next for modern vet medicine.
Exclusive: Behr’s Andy Lopez reveals how ChatHUE, a bold collaboration with Google, is using AI to transform how we explore, choose, and connect with color.
Brian Vendig, President & CIO of MJP Wealth Advisors, joins to break down Q2 bank earnings and what they signal for markets, investors, and the economy ahead.
