IBM President Jim Whitehurst Exits, Other Management Changes

July 2, 2021 2:51 PM | 1 min read |

International Business Machines Corp IBM President Jim Whitehurst is stepping down. Whitehurst was previously the CEO of Red Hat, which IBM had acquired in 2019.
Bridget van Kralingen will depart as SVP, Global Markets, and Rob Thomas will succeed Kralingen, Street Insider reports.
Tom Rosamilia will become SVP, Cloud and Cognitive Software.
Ric Lewis has joined IBM and will serve as SVP of Systems.
Kelly Chambliss is promoted SVP, Americas and Strategic Sales, Global Business Services.
Roger Premo will head a newly constituted business development team, which integrates corporate strategy.
Price action: IBM shares traded lower by 4.68% at $139.95 on the last check Friday.