Briefing

    IBM’s Ginny Rometty is stepping down as CEO

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    Rometty will depart in April after four decades with the company. She will be succeeded by Arvind Krishna, currently senior vice-president of cloud and cognitive software. Jim Whitehurst, chief executive of recent IBM acquisition Red Hat, has been appointed president. IBM’s shares were up four per cent following the announcement. (The Wall Street Journal)

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