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Home > Cloud Computing > IBM appoints Martin Schroeter as CEO of NewCO

IBM appoints Martin Schroeter as CEO of NewCO

IBM announced the appointment of Martin Schroeter as Chief Executive Officer of the independent company.


Erdem Yasar Erdem Yasar
January 8, 2021
1 min read
IBM appoints Martin Schroeter as CEO of NewCO

IBM appoints Martin Schroeter as CEO of NewCO, the independent company that will be created following the separation of IBM’s Managed Infrastructure Services business, effective January 15. The new company will focus on the management and modernization of IT infrastructure. The separation of IBM’s Managed Infrastructure Services business is expected to be completed by the end of 2021.

Managed Infrastructure Services

Arvind Krishna, Chairman and CEO, IBM
Arvind Krishna, Chairman and CEO, IBM

Prior to his new role, Martin Schroeter served as IBM’s Senior Vice President, Global Markets, where he was responsible for IBM’s global sales, client relationships and satisfaction, and worldwide geographic operations, before leaving IBM in June 2020.

Before that, he was the company’s Chief Financial Officer and has held a number of other executive roles at the company. Arvind Krishna, Chairman and CEO, IBM, said,

“Martin is a world-class leader and is uniquely qualified to drive the long-term success of the new, independent company. He has a deep understanding of the industry and has earned the trust of our clients and of the investor community. Martin has the strategic vision and business judgement to realize NewCo’s enormous potential as the global leader in managed infrastructure services. He is an inspiring, results-driven executive and the right CEO to lead NewCo through the spin-off process and beyond.”

See more Cloud Computing News


Tags: IBMNewCo
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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