Ginni Rometty wants to resign as head of the IT foundation rock IBM. This was announced by the company after the US exchange closed. The 62-year-old Rometty had taken over the top position in 2012, and she is to remain the executive chair at IBM until the end of the year. Effective April 6, your successor will be Arvind Krishna, who has been responsible for the cloud business as Senior Vice President.
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IBM has been undergoing profound corporate change for a long time, which has not yet brought the hoped-for success. The computer company is focusing on new business areas such as cloud services, data analysis and artificial intelligence and is also posting strong growth here in some cases. However, this is not enough to compensate for problems in the classic hardware division with servers and mainframes.
Investors reacted positively to the announcement of a change of management. The stock turned positive after the exchange and initially rose by around four percent. IBM announced last week that it had achieved its first small sales increase in six quarters in the fourth quarter. The group has had a difficult time on Wall Street for a long time, despite the US stock market boom, the share has barely posted a price gain in the past twelve months.
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