Virginia "Ginni" Rometty will be the first who will take over the helm at IBM. 54-year old woman is a veteran at the technology giant she is famous for her conservatism corporate culture. Sam Palmisano, 60-year old ex CEO who has been running the company for a decade, leaves the position but stays on at the company as a chairman.
Rometty takes over on 1 January 2012. Recently Meg Whitman was named a CEO of HP. She previously joined eBay when it was a startup. So now we can see Hewlett-Packard expanding their business while IBM aimed to high-margin businesses and further thrive. HP however had another female CEO Carly Fiorina. Her tenure has ended when she was forced out in 2005 over disappointing financials and the fallout from her hard efforts to buy Compaq Computer. So female CEO is not a rarity. But it was unexpected move from IBM.
"She brings to the role of CEO a unique combination of vision, client focus, unrelenting drive, and passion for IBMers and the company's future," Palmisano said.
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