Armonk, NY, October 25, 2011 — The IBM board of directors has elected Virginia M. Rometty president and chief executive officer of the company, effective January 1, 2012. She was also elected a member of the board of directors, effective at that time. Ms. Rometty is currently IBM senior vice president and group executive for sales, marketing and strategy. She succeeds Samuel J. Palmisano, who currently is IBM chairman, president and chief executive officer. Mr. Palmisano will remain chairman of the board.
That Ms Rometty is IBM’s first female CEO is still remarkable, though IBM has long been more progressive than most large corporations in its promotion of women to executive positions, women such as Ellen Hancock, Linda Sanford, Jeannette Horan, Harriet Pearson, and Maria Azua have held Vice President positions in the company, and I watched some of them, including Ginni Rometty, move up from mid-level to Vice President during my time in IBM.
I have every expectation that Ms Rometty will be good for IBM, and I look forward to seeing how the company does under her leadership.