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The IBM-Adobe Partnership Is A Good Example Of Where CEO Arvind Krishna Wants To Take The Company Patrick Moorhead Contributor Opinions … “This is reflected in its lackluster financial performance.”Rometty’s boldest move came in 2018, with a $34 billion deal to acquire open-source software provider Red Hat.

To this point, IBM's cloud efforts haven't had enough impact to meaningfully boost sales or profits.
He joins other India-origin CEOs who head top tech companies like Microsoft and Google. ... Chief Executive Officer at IBM. Krishna is currently IBM Senior Vice President for Cloud and Cognitive Software and will succeed Rometty (62), who will retire after almost 40 years with the company at the end of the year.Mr. International Business Machines Corp. named Arvind Krishna as chief executive officer, replacing longtime CEO Virginia Rometty.

“He is an authentic leader who lives the values of IBM and has taken on ever-increasing responsibilities across the company,” and returned IBM’s cloud and software business to growth, IBM said in the statement.“This is the guy who championed the Red Hat deal so it’s good for IBM as a whole,” said Bloomberg Intelligence analyst Anurag Rana.Prior to IBM adopting its hybrid multi-cloud strategy, the company had a walled-garden approach to cloud computing, largely focusing on its own services. Dubai Is Poised to Gain From Travel Opening With Israel Rometty, who had been IBM’s Chairman, President and CEO, will continue as Executive Chairman of the Board and serve through the end of the year, when she will retire.

Our plans enhance your reading experience. It’s a support for truth and fairness in journalism. We have great opportunities ahead to help our clients advance the transformation of their business while also remaining the global leader in the trusted stewardship of technology,” Mr. Krishna said.Mr.

Krishna took the helm during a remarkable stretch in early April, when COVID-19 was clamping down on businesses of all sizes, so he will be forgiven for not completing the wholesale transformation of the 109-year-old company Krishna was architect of Red Hat deal meant to boost growth She has staked her Still, unlike most large technology companies, IBM is smaller now that it was when Rometty took the helm. He leads the unit’s strategy, product design, offering development, marketing, sales and service and also guides IBM’s overall strategy in core and emerging technologies including artificial intelligence, quantum computing, blockchain, cloud platform services, data-driven solutions, and nanotechnology, according to his profile on the IBM website.Previously, he was general manager of IBM Systems and Technology Group’s development and manufacturing organisation, responsible for developing and engineering advanced semiconductor materials through microprocessors, servers, and storage systems. © 2020 Fortune Media IP Limited. It has helped us keep apace with events and happenings.The Hindu has always stood for journalism that is in the public interest. Mr. Krishna was a principal architect” of the company’s acquisition of Red Hat.Through his multiple experiences running businesses in IBM, Mr. Krishna has built an outstanding track record of bold transformations and proven business results, and is an authentic, values-driven leader.The IBM Board also elected James Whitehurst, IBM Senior Vice President and CEO of Red Hat, as IBM President.Ms.

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