While previous IBM CEOs had led the 109-year old company through world wars, market crashes, and even the 1918 global pandemic, Krishna assumed his post smack in the middle of both a new pandemic and a market crash that many fear could lead to another recession.
"They kind of lost their way for the past decade," Thomas Hayes, chairman of private equity firm Great Hill Partners, told Business Insider.The strategy, which Krishna had been leading even before he was named successor to ex-CEO Ginni Rometty in January, is focused on another trend called hybrid cloud, in which businesses set up networks on both public clouds and in-house data centers.
Here are the 12 top IBM executives on Krishna's team who are expected to play a critical role in the company's comeback bid: "You get the benefit of a deeply ingrained insider who's smart in the form of Krishna. And you get somebody who was more or less born and bred from outside the organization. Maybe you get the best of both worlds.": Senior Vice President of global markets
Paul Cormier was one of the first employees of Red Hat, the pioneering open source software company, which IBM bought for $34 billion last year.Although he was initially worried about IBM acquiring Red Hat, Cormier is a believer in Krishna's view that hybrid cloud is the future of enterprise tech. Howard Boville, who just joined from Bank of America where he was chief technology officer, is in charge of IBM's global network of cloud data centers.Howard Boville joined IBM last week as a senior vice president of the company's cloud platform.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zoom CEO Eric Yuan on competitors and company culture - Business InsiderAs Zoom gets flamed for privacy issues, CEO Eric Yuan says he welcomes competition but looks down on companies that use this moment to attack others. Zoom can be hacked easily and is not secure. Anyone using it should know that your videos could be hijacked or recorded. He's just mad we all found out his software is leaky like a sieve. stop spying and lying to ppl, Eric
Source: BusinessInsider - 🏆 729. / 51 Read more »
Morgan Stanley CEO Recovered From CoronavirusMorgan Stanley Chief Executive James Gorman said he has recovered from the new coronavirus, the most senior Wall Street executive known to have been infected. This virus is the only one that doesn’t distinguishes between rich and poor Awesome now let’s bail him out for bullions too. Is he taking the chloriquine treatment? What was his treatment regiment? Inquiring minds want to know.
Source: WSJ - 🏆 98. / 63 Read more »
Morgan Stanley CEO diagnosed with coronavirus in March, since recovered -bank videoMorgan Stanley Chief Executive Officer James Gorman was diagnosed as being infected by the novel coronavirus after first experiencing symptoms nearly a month ago and has fully recovered, according to a video that was sent to the bank's employees on Thursday. Oh, he recovered? Thats too bad. That’s a shame That’s a bad news‼️
Source: Reuters - 🏆 2. / 97 Read more »
Rihanna and Twitter CEO Donating $4.2 Mil to Help L.A. Domestic Violence VictimsRihanna and Jack Dorsey are joining forces to send millions to people in need of safety they can't get at home right now. jack the biggest SIMP ever . Joking. Cant wait for people to go : ThAtS LiKe 0.05% oF tHeIr NeT wOrThs ThAts NoThInG Rahh didnt he donate 1 billion the other day
Source: TMZ - 🏆 379. / 59 Read more »
BlackRock CEO Larry Fink Earned $25 Million in 2019BlackRock Chief Executive Laurence Fink earned $25.25 million last year, a 5% boost for an increasingly influential figure behind the U.S. government’s response to the coronavirus crisis. Masks the new opportunity!!! A 5% boost for an influential figure behind the US government's response to the coronavirus crisis.
Source: WSJ - 🏆 98. / 63 Read more »
BlackRock CEO Larry Fink's pay fell 8.4% in 2019: filingBlackRock Inc , the world's largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4% in 2019, a second straight year of decline, according to a filing on Thursday. Why is this news? What is the public information value of saying a rich guy's pay changed slightly? Who cares? Did he end up on ramen noodles? If not, then who cares. If he did, then who cares. 😭
Source: Reuters - 🏆 2. / 97 Read more »