IBM picks Ginni Rometty as new CEO

IBM Corp. has picked Virginia Rometty to succeed Sam Palmisano as president and CEO of the company.

She takes over the post on Jan. 1. Palmisano will remain as chairman of the board.

Rometty currently is the senior vice president and group executive for sales, marketing and strategy. She goes by Ginni and has led several important business moves at IBM, including the formation of IBM Global Business Services and the acquisition of PricewaterhouseCoopers.

“She is more than a superb operational executive. With every leadership role, she has strengthened our ability to integrate IBM's capabilities for our clients,” Palmisano said in the announcement.

Rometty had nothing but praise for Palmisano, crediting him with transforming the company since he became CEO in 2002. “Sam taught us, above all, that we must never stop reinventing IBM,” she said.

IBM’s share price was little changed with the announcement. It closed down at $180.36 on Aug. 25, compared to $182.25 the day before.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.