New York, NY, United States (AHN) – Virginia Rometty, a senior vice president for International Business Machines, made corporate history on Tuesday by being named the company’s first female chief executive.
The IBM board announced Rometty’s appointment to replace current chief executive Samuel Palmisano, 60, who will become chairman in 2012.
She is currently senior vice president for sales, marketing and strategy. Known as Ginni, the 54-year-old executive was also elected to join IBM’s board of directors. When she assumes her post in January, Rometty will be the ninth chief executive of the 100-year-old technology giant.
Rometty has been named one of the 50 Most Powerful Women in Business by Fortune Magazine. Palmisano, who had been chief executive since 2002, said Rometty was the board’s choice because she had successfully led several of IBM’s most important businesses in the past 10 years and is the ideal CEO to head the firm into its next 100 years.
A computer science degree holder from Northwestern University, Rometty joined IBM in 1981 as a systems engineer. She rose to executive positions over the years and oversaw the integration of PricewaterhouseCoopers after IBM took over the consulting company in 2002 for $3.5 billion.
She beat out IBM SVP Steven Mills, who leads the company’s software division. Rometty was the board’s choice because Mills turned 60, the standard retirement age of IBM executives.
View full post on Accomplishment Stories






