IBM Chair and CEO Arvind Krishna took an upbeat view of the tech giant’s prospects in a conference call with analysts Monday after an earnings report that topped expectations and despite a possible recession while inflation mounts.
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The chairman and CEO of IBM Arvind Krishna talks about why the company divested Watson Health. Here are the highlights and backstory.
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“In 2021, we took a series of dramatic steps to execute against that strategy, strengthening our portfolio, expanding our partner ecosystem, and returning your company to growth,” IBM’s top exec tells shareholders. “As a result, we enter 2022 more strategically focused and more technologically capable.”
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Arvind Krishna delivered a comprehensive pep talk to Wall Street analysts after IBM delivered a financial report that topped expectations Monday evening, taking them step by step through the strategy he is implementing as Big Blue’s chairman and CEO. “We remain on track,” he declared.
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Arvind Krishna, acknowledged as the architect behind the 2019 acquisition of Red Hat for $32 billion, will be IBM’s next chair. Here’s what’s happening.
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IBM’s long-time CEO Virginia Rometty is set to step down from her post on April 6, capping a 40-year run with the company. Big Blue announced her upcoming resignation in late January, with Arvind Krishna, IBM’s current vice president for Cloud and Cognitive Software as her replacement. And IBM’d top NC exec is excited.
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Arvind Krishna, 57, is IBM Senior Vice President for Cloud and Cognitive Software, where he leads the IBM business unit that provides the cloud and data platform on which IBM’s clients build the future. His current responsibilities also include the IBM Cloud, IBM Security and Cognitive Applications business, and IBM Research.
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