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    Home»Featured»Jim Whitehurst steps down as IBM president in just 14 months
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    Jim Whitehurst steps down as IBM president in just 14 months

    Finance KhabarBy Finance KhabarJuly 3, 2021No Comments1 Min Read
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    Jim Whitehurst steps down as IBM president in just 14 months
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    Mumbai: In a surprise development, IBM has announced that Jim Whitehurst has decided to step down as President of the company just 14 months after joining in that role. Whitehurst has played a pivotal role in the $34 billion IBM and Red Hat integration announced in 2018.

    He will continue to work as senior advisor to Arvind Krishna, Chairman and CEO, IBM.

    “In the almost three years since the acquisition was announced, Jim has been instrumental in articulating IBM’s strategy, but also, in ensuring that IBM and Red Hat work well together and that our technology platforms and innovations provide more value to our clients,” Krishna said in a statement late on Friday.

    After IBM bought Red Hat in 2018 for $34 billion, Ginni Rometty stepped down as CEO and Krishna took over.

    Whitehurst, who had been Red Hat CEO, moved to IBM as president.

    Krishna announced that when he became CEO, Bridget van Kralingen agreed to stay to help ensure his transition went well.

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