what happened? IBM has announced a series of leadership changes that will have an immediate impact on the company. Jim Whitehurst's biggest discovery as president of IBM is after just 14 months in office.
(Jim Whitehurst. Photo by David Powell Morris, Bloomberg)
In related news, IBM also announced that Bridget Van Kralingen has resigned as Senior Vice President, and Head of Global Markets has resigned. He served as Senior Vice President of Special Projects for a year and then will retire. We're told that Rob Thomas will replace Van Krallingen as Senior Vice President, Global Markets.
IBM isn't the only technology company making big changes to leadership. Amazon co-founder Jeff Bezos will step down as CEO of the e-commerce giant on Monday, July 5, and will be replaced by AWS President Andy Gacy.
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Jim Whitehurst is stepping down as IBM CEO after just 14 months