Cloud Computing: Rometty to succeed Palmisano as IBM chairman
September 26, 2012
Grazed from GigaOM. Author: Barb Darrow.
In the latest phase of a well-organized succession plan at IBM, Virginia Rometty will become chairman of the IT giant on October 1. Sam Palmisano will stay on as advisor until December 1, the company said. It’s not unexpected but it’s still worth noting — IBM CEO Virginia “Ginny” Rometty will succeed Sam Palmisano as chairman of the computing and services giant on October 1. Palmisano will stay on as a senior advisor until his retirement date of December 1, 2012, IBM announced late Tuesday afternoon.
Last October, IBM tapped Rometty, who is 55 years old, as its first female CEO and ninth CEO overall. She officially took the reins as president and CEO and became a director on January 1, 2012. Rometty, who started at the company as a systems engineer in 1981 and worked her way up the ranks…
Before being named CEO she was SVP and group executive of IBM’s Sales, Marketing and Strategy and before that led IBM’s huge Global Business Services unit and engineered its $3.5 billion acquisition of PricewaterhouseCoopers Consulting in 2002. She was viewed as a solid choice who would continue to forge down IBM’s cloud-and-services strategy set by Palmisano…
Read more from the source @ http://gigaom.com/cloud/rometty-to-succeed-palmisano-as-ibm-chairman/