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Rometty at the 2011 Fortune Most Powerful Women Summit | |
Born | 1958 |
Nationality | United States |
Education | Northwestern University (B.S.) |
Employer | IBM |
Virginia "Ginni" M. Rometty (born 1958) is an American business executive. She has been appointed CEO of IBM effective January 1, 2012 and will be the first woman to head IBM. Prior to being named CEO she held the position of Senior Vice President and Group Executive for Sales, Marketing, and Strategy at IBM. She has been named to Fortune magazine's "50 Most Powerful Women in Business" for seven consecutive years, ranking #7 for 2011.
Biography
Rometty graduated from the Robert R. McCormick School of Engineering and Applied Science at Northwestern University in 1979 with high honors, receiving a bachelor's degree in computer science and electrical engineering.
After graduation in 1979, Rometty went to work for General Motors Institute; in 1981, she joined IBM as a systems engineer in its Detroit office. She joined IBM's Consulting Group in 1991. In 2002, she "championed the purchase of the big business consulting firm, PricewaterhouseCoopers Consulting, for $3.5 billion." Rometty became senior vice president and group executive for sales, marketing and strategy in 2009. Rometty is "credited with spearheading IBM's growth strategy by getting the company into the cloud computing and analytics businesses. She has also been at the helm of readying Watson, the Jeopardy! playing computer, for commercial use." On October 25, 2011, IBM announced that she will be the company's next president and CEO, with Sam Palmisano stepping down but retaining his position as chairman. Rometty's appointment will mark the first time a female has been CEO of IBM. Regarding her promotion, Palmisano stated, "Ginni got it because she deserved it... It’s got zero to do with progressive social policies."
Rometty is on the Board of Trustees of her alma mater Northwestern University, as well as on the Board of Overseers of Memorial Sloan-Kettering Cancer Center. She also served on the Board of Directors of AIG from 2006 until 2009.
References
- ^ "IBM Names Rometty to Succeed Palmisano as First Female CEO". Bloomberg BusinessWeek. 25 October 2011. Retrieved 25 October 2011.
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(help) - "7. Ginni Rometty". Fortune. 17 October 2011. Retrieved 25 October 2011.
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(help) - "NU appoints 5 new members to Board of Trustees". Northwestern University. June 25, 2010. Retrieved 2011-10-26.
- ^ "IBM Names Virginia Rometty as First Female CEO". Wired. October 25, 2011. Retrieved 2011-10-26.
- ^ "I.B.M. Names Virginia Rometty as New Chief Executive". The New York Times. October 25, 2011. Retrieved 2011-10-26.
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(help) - "IBM CEO Sam Palmisano to step down". CNN. 25 October 2011. Retrieved 25 October 2011.
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(help) - "2010 Annual Report" (PDF). Memorial Sloan-Kettering Cancer Center. Retrieved 2011-10-26.
- IBM's Rometty Breaks Ground as Company's First Female Leader. Bloomberg Businessweek, 26 October 2011.