From our friends at IvyExec. Another glass ceiling for women has been shattered. IBM just announced it’s first female CEO. Congratulations to Virginia Rometty – IBM’s newly minted CEO.
Martin Fox with the Center for Global Leadership – accelerating the global ripple.
IBM to get first female CEO
From United Press International – 10.25.2011
Virginia M. Rometty will take over as IBM’s first female president and chief executive officer Jan. 1, the U.S. technology and consulting company said Tuesday.
IBM’s board of directors elected Rometty to succeed Samuel J. Palmisano as president and CEO of the international business giant, while Palmisano retains the role of chairman, IBM said in a release.
“Ginni Rometty has successfully led several of IBM’s most important businesses over the past decade — from the formation of IBM Global Business Services to the build-out of our Growth Markets Unit,” Palmisano said. “I know the board agrees with me that Ginni is the ideal CEO to lead IBM into its second century.”
“There is no greater privilege in business than to be asked to lead IBM, especially at this moment,” said Rometty, who joined IBM in 1981 as a systems engineer. “Sam had the courage to transform the company based on his belief that computing technology, our industry, even world economies would shift in historic ways. â€¦ Sam taught us, above all, that we must never stop reinventing IBM.”
Palmisano, 60, became CEO in 2002 and chairman of the board in 2003. Under his leadership, the company exited the market for personal computers, printers and hard drives, and increased investments in “high-value businesses and technologies,” the release said.
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