IBM CEO Virginia Rometty takes on chairman title

September 25, 2012

(AP)—IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year.

The said Tuesday that Rometty, 55, will take on the expanded role Oct. 1. Palmisano, 61, will serve as a senior adviser until he retires in December.

Rometty, the company's former chief, became IBM Corp.'s first female CEO in January. Joining the Armonk, N.Y.-based company in 1981 as an engineer, Rometty later was instrumental in the formation of IBM's business services division, including overseeing the $3.5 billion purchase of PricewaterhouseCoopers' consulting business in 2002.

IBM has sustained a nearly decade-long streak of as it shook off the economic jitters that have undercut several other technology companies.

Explore further: IBM succession chatter heats up near anniversary

0 shares

Related Stories

Recommended for you

New design tool to enable global roaming smart phones

April 26, 2017

Wireless communications is a technology that is used every day. Across society, there is a move away from using the internet on desktop computers and towards smartphones, tablets and laptops. Engineers at the University of ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.