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REG-Intnl Bus. Mach W. James McNerney, Jr., Elected to IBM Board of Directors

Tue Oct 27, 2009 3:00am EDT
http://www.businesswire.com/news/home/20091027005218/en

ARMONK, N.Y.--(Business Wire)--


The IBM (NYSE: IBM) board of directors today elected W. James McNerney, Jr., to
the board. Mr. McNerney, 60, is chairman of the board, president and chief
executive officer of The Boeing Company. 

Samuel J. Palmisano, IBM chairman, president and chief executive officer, said:
"We are very pleased that Jim McNerney will be joining the IBM board of
directors. Jim has decades of experience running complex, global enterprises,
and his knowledge and insights will make a significant contribution to IBM." 

Mr. McNerney, who assumed his current leadership posts at The Boeing Company in
July 2005, oversees the strategic direction of the world's largest aerospace
company. 

Previously, Mr. McNerney was chairman of the board and chief executive officer
of 3M. He also had served in several top executive positions at the General
Electric Company, including as president and CEO of GE Aircraft Engines and GE
Lighting, president of GE Asia-Pacific, and president of GE Information
Services. Prior to joining GE, Mr. McNerney worked at Procter & Gamble and
McKinsey & Co., Inc. 

Mr. McNerney is also a director of Procter & Gamble, and he serves as a trustee
of Northwestern University and The Field Museum of Chicago. He is a member of
The Business Roundtable and a former chair of The Business Council, the US-China
Business Council, and the American Society of Corporate Executives. Mr. McNerney
is a fellow of the American Academy of Arts and Sciences and an honorary fellow
of the Royal Aeronautical Society. 

Mr. McNerney received his B.A. degree from Yale University and an M.B.A. degree
from Harvard University. 

With the election of Mr. McNerney, the IBM board now has 13 members.

 IBM                           
 Edward Barbini, 914-499-6565  
 barbini@us.ibm.com            


Intnl Bus. Mach 

Copyright Business Wire 2009



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