IBM CEO Gini Rometty to step down; cloud boss Arvind Krishna who spearheaded Red Hat deal to take over in April
Rometty, 62, will continue as executive chairman and will retire at the end of the year.
IBM said Red Hat would continue to be led by CEO Jim Whitehurst and Red Hat’s current management.
IBM shares surged 5 percent on 18 October after the world’s first big computing company beat expectations on third-quarter revenue.
R Ray Wang, Principal Analyst and CEO at Constellation Research Group is among the senior analysts who have been closely following IBM for years. In a quick tte--tte with Biztech2.com he shares his thoughts on IBM's centennial journey and what gets the