International Business Machines Corporation (IBM)

About International Business Machines Corporation (IBM)

Company Description:

 

International Business Machines Corporation, known widely as IBM, is a global leader in the field of information technology services and consulting. The company's operations are primarily in the Technology sector, focusing on Information Technology Services.

IBM was founded on June 16, 1911, by Charles Ranlett Flint. It began as the Computing-Tabulating-Recording Company (CTR) and was renamed “International Business Machines” in 1924. IBM is headquartered in Armonk, New York, United States.

 

Main Product(s):

 

IBM offers a wide array of technology and consulting services, including cloud computing, artificial intelligence (AI), analytics, commerce, data management, and IT infrastructure.

 

Short History of International Business Machines Corporation:

 

  • 1911 – Founded as the Computing-Tabulating-Recording Company (CTR).
  • 1924 – Renamed to International Business Machines Corporation (IBM).
  • 1952 – Thomas J. Watson, Jr. became CEO, leading IBM's expansion into electronic computers.
  • 1981 – Launched its first personal computer, the IBM PC.
  • 1993 – Underwent a major restructuring to focus on software and services.
  • 2012 – Ginni Rometty became the first woman to lead the company as CEO.
  • 2020 – Arvind Krishna appointed as CEO, focusing on hybrid cloud and AI.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Arvind KrishnaCEO & Chairman of the Board5.62MN/A1963
Mr. James J. KavanaughSenior VP & CFO2.94MN/A1967
Ms. Michelle H. BrowdySenior VP of Legal & Regulatory Affairs and General Counsel2.54MN/A1965
Mr. Gary D. CohnExecutive Vice Chairman3.17MN/A1961
Ms. Joanne WrightSenior Vice President of Transformation & OperationsN/AN/AN/A
Mr. Alexander Franz SternSenior VP of Strategy, M&A, Corporate Development and Investor RelationsN/AN/A1966
Mr. Jonathan H. AdashekSenior VP of Marketing & Communications and Chief Communications OfficerN/AN/AN/A
Ms. Nickle Jaclyn LaMoreauxSenior VP & Chief Human Resources OfficerN/AN/A1980
Dr. Bernard S. Meyerson Ph.D.Chief Innovation Officer EmeritusN/AN/AN/A
Mr. Kirill KornilievVP of Sales and Head of The Industry Solutions Area In Central & Eastern EuropeN/AN/AN/A

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