IBM has announced that senior vice president for Cloud and Cognitive Software, Arvind Krishnan will replace Ginni Rometty as IBM CEO in April. Rometty, who is a 40-year IBM veteran and one of the highest-profile women in the U.S., will remain with the company as chairman of the board.
Rometty completed 65 acquisitions, culminating in the $34 billion deal for Red Hat last year which was the most significant purchase in IBM’s 108-year history. Arvind Krishnan also spearheaded the Red Hat deal. Meanwhile, Red Hat CEO James Whitehurst will become its president.