At IBM, there has been a significant managerial reorganisation.
BM has announced a number of leadership changes that will have an immediate impact on the firm. The most shocking discovery is Jim Whitehurst’s resignation as IBM president after only 14 months on the job.
When it was revealed in late 2018 that IBM would acquire Red Hat, where Whitehurst had worked as CEO since 2007, for $34 billion, Whitehurst became active with Big Blue. The transaction was completed the following year, and it was announced in early 2020 that Whitehurst would be named president of IBM in April.
IBM on Friday said the executive, who previously served as chief operating officer for Delta Air Lines, has decided to step down but will still serve as a senior advisor to CEO Arvind Krishna moving forward. No reason was given for the sudden change, and IBM didn’t announce a replacement.
In related news, IBM also announced that Bridget van Kralingen has decided to step down from her position as senior vice president of global markets. She is sticking around as SVP of special projects for a period of one year, and will retire after that. Rob Thomas will replace van Kralingen as SVP of global markets, we’re told.
IBM isn’t the only tech company making major leadership changes. Amazon founder Jeff Bezos is stepping down as CEO of the e-commerce giant on Monday, July 5. He is being replaced by AWS boss Andy Jassy.
Masthead credit: Laborant