She stops as ceo: the Stock boom in the weather

IBM's world-renowned ceo, the 62-year-old Virginia ‘Ginni’ Rometty stops after almost 40 years. The past eight years she has been the CEO of teknologigigante

Ann McDonald
Ann McDonald
31 January 2020 Friday 16:00
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She stops as ceo: the Stock boom in the weather

IBM's world-renowned ceo, the 62-year-old Virginia ‘Ginni’ Rometty stops after almost 40 years.

The past eight years she has been the CEO of teknologigiganten. The period has been marked by significant challenges to deliver results in a time when virtually every comparable tech-giants of the ocean, globally, has delivered impressive growth rates, with big returns to shareholders.

IBM's stock price in her time as CEO dived by almost 25 percent, while, for instance, long-time rival Microsoft's rate has increased by more than 500 percent in the same period.

IBM shares rose immediately to four percent, then it came out that Rometty stops. Since the exchange rate has further increased two percent.

Ginni Rometty in IBM's board of directors at the end of the year, after which she goes on pension, has also been behind the business successes and, among others, fought to create better conditions for mothers.

Rometty, who do not have children, began his career in IBM as systemingeniør in 1981.

She has several times been named one of the world's most influential women, such as Fortune's '50 Most Powerful Women in Business', as well as Time's '20 Most Important People in Tech.'

the New ceo will be the 57-year-old veteran, the indiskfødte Arvind Krishna, who today is the director of IBM's cloud and cognitive software division.

With his appointment, headed three of the major u.s. techgiganter of the male top managers, with indian background and education.

Updated: 31.01.2020 16:00