- WWII vet en route to Pearl Harbor event booted from flight
- SWAT team at Phoenix hospital as armed man clears emergency room
- Kim Jong-un’s uncle dragged from political meeting, booted from party
- Big storm dumps snow on East Coast, travel dicey
- Thai prime minister dissolves Parliament, calls elections
- Hagel to meet with Pakistan’s prime minister
- Kiev: Riot police deployed near protest sites
- Elton John blasts Russia’s anti-gay laws during Moscow concert
- U.N.: Afghanistan slow to enforce law protecting women
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IBM CEO Virginia Rometty takes on chairman title
ARMONK, N.Y. (AP) - IBM President and CEO Virginia Rometty is taking on the added role of chairman, as Samuel Palmisano prepares to retire at the end of this year.
The technology company said Tuesday that Rometty, 55, will take on the expanded role Oct. 1. Palmisano, 61, will serve as a senior adviser until he retires in December.
Rometty, the company's former sales and marketing chief, became IBM Corp.'s first female CEO in January. Joining the Armonk, N.Y.-based company in 1981 as an engineer, Rometty later was instrumental in the formation of IBM's business services division, including overseeing the $3.5 billion purchase of PricewaterhouseCoopers' consulting business in 2002.
IBM has sustained a nearly decade-long streak of earnings growth as it shook off the economic jitters that have undercut several other technology companies.
By Brahma Chellaney
Beijing's creeping aggression signals a challenge to U.S. presence in the Asian Pacific
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Let it snow
White House pets gone wild!