Arvind Krishna has been elected by the IBM board of directors as chairman of the board, effective January 1, 2021. Arvind Krishna, who is IBM’s chief executive officer and a member of the board, succeeds IBM executive chairman Virginia M. Rometty, who is retiring on December 31, 2020.
IBM’s 10th CEO
Mr. Krishna was elected IBM’s 10th CEO in January and assumed the position on April 6, 2020, after holding numerous senior leadership positions in the company. As IBM’s senior vice president for cloud and cognitive software, he was a principal architect of the company’s acquisition of Red Hat.
Recently, he announced the spin-off of IBM’s $19 billion Managed Infrastructure Services business, to be completed in 2021, which will create two industry-leading companies and enable IBM to focus on its leading open Hybrid Cloud and Artificial Intelligence Platform. He has been working for IBM since 1990 and became a director of the company in April.