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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

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18 May 2018
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Summary

Name Age Since Current Position

Virginia Rometty

60 2012 Chairman of the Board, President, Chief Executive Officer

James Kavanaugh

51 2018 Chief Financial Officer, Senior Vice President

Michelle Browdy

54 2015 Senior Vice President - Legal and Regulatory Affairs and General Counsel

Diane Gherson

60 2013 Senior Vice President - Human Resources

Erich Clementi

59 2017 Senior Vice President - IBM Global Integrated Accounts

John Kelly

64 2016 Senior Vice President - IBM Cognitive Solutions and IBM Research

Kenneth Keverian

61 2014 Senior Vice President - Corporate Strategy

Martin Schroeter

53 2018 Senior Vice President - Global Markets

Robert Del Bene

58 2017 Vice President, Controller

Kenneth Chenault

66 2016 Independent Director

Michael Eskew

68 2005 Independent Director

David Farr

63 2012 Independent Director

Alex Gorsky

57 2015 Independent Director

Shirley Jackson

71 2005 Independent Director

Andrew Liveris

63 2010 Independent Director

Hutham Olayan

64 2016 Independent Director

James Owens

72 2006 Independent Director

Joseph Swedish

66 2017 Independent Director

Sidney Taurel

69 2001 Independent Director

Peter Voser

59 2015 Independent Director

Frederick Waddell

64 2017 Independent Director

Biographies

Name Description

Virginia Rometty

Mrs. Virginia M. Rometty is Chairman of the Board, President, Chief Executive Officer of the Company. She joined IBM in 1981. She was elected senior vice president of Global Business Services in 2005, senior vice president of Sales and Distribution in 2009, senior vice president and group executive of Sales, Marketing and Strategy in 2010, president and chief executive officer of IBM in early 2012 and chairman in late 2012. She is a member of the Business Roundtable, the Council on Foreign Relations, the Board of Trustees of Northwestern University and the Board of Overseers and Managers of Memorial Sloan-Kettering Cancer Center, and formerly served on the President’s Export Council.

James Kavanaugh

Michelle Browdy

Diane Gherson

Erich Clementi

John Kelly

Dr. John E. Kelly, III, is a Senior Vice President - IBM Cognitive Solutions and IBM Research of International Business Machines Corporation. He is responsible for IBM's technical and innovation strategies as well as company-wide policies on open standards and intellectual property. Prior to assuming his current role in September of 2004, Dr. Kelly was group executive for IBM's Technology Group, which develops, manufacturers and markets IBM's microelectronics technologies, products and services. Dr. Kelly joined IBM in 1980. In 1990, he was named director of IBM's Semiconductor Research and Development Center. In 1994, he was appointed vice president of business process reengineering for the Microelectronics Division. In 1995, he was named vice president of systems, technology and science for the IBM Research Division. In this role, Dr. Kelly was responsible for the company's most advanced research activities. The following year, he was named vice president of strategy, technology and operations for the Microelectronics Division. In 1997, he was appointed vice president of server development (from work stations to supercomputers) for IBM. In January of 1999, he was appointed general manager of IBM's Microelectronics Division, a position he held until August 2000. He received a Bachelor of Science degree in physics from Union College in 1976. He received a Master of Science degree in physics from the Rensselaer Polytechnic Institute in 1978 and his Doctorate in materials engineering from RPI in 1980. In 2004, he received an Honorary Doctorate of Science from The Graduate School at Union College. Dr. Kelly is a board member and former chairman of the Semiconductor Industry Association, a Fellow of the Institute of Electrical and Electronics Engineers, and member of the Union College Board of Trustees.

Kenneth Keverian

Martin Schroeter

Mr. Martin J. Schroeter is Senior Vice President - Global Markets of the Company. He is currently General Manager of IBM Global Financing and previously served as IBM’s Treasurer.

Robert Del Bene

Mr. Robert F. Del Bene is Vice President, Controller of the Company, effective January 21, 2017. Mr. Sutula will continue to serve as Vice President and Controller until January 20, 2017, during which time IBM expects to close its books for 2016 and report the Company’s fourth-quarter and full-year earnings for 2016. The Company thanks Mr. Sutula for his service to IBM, including his many years in senior finance positions, and wishes him well in his future endeavors. Mr. Del Bene is currently General Manager, IBM Global Financing and previously served as IBM’s Treasurer. Mr. Del Bene joined the Company in 1981 and has also served as the senior finance executive for various IBM business units including Global Services and Sales & Distribution.

Kenneth Chenault

Mr. Kenneth I. Chenault is an Independent Director of International Business Machines Corporation. He joined American Express in 1981 and was named president of the U.S. division of American Express Travel Related Services Company, Inc. in 1993, vice chairman of American Express Company in 1995, president and chief operating officer in 1997 and chairman and chief executive officer in 2001, a position he held until his retirement in early 2018. Mr. Chenault now serves as Chairman and Managing Director of General Catalyst Partners, a venture capital firm. He is a director of The Procter & Gamble Company and Facebook, Inc.

Michael Eskew

Mr. Michael L. Eskew is an Independent Director of the Company. Mr. Eskew is IBM’s independent Presiding Director. Mr. Eskew joined United Parcel Service in 1972. He was named corporate vice president for industrial engineering in 1994, group vice president for engineering in 1996, executive vice president in 1999, vice chairman in 2000, and he was chairman and chief executive officer from 2002 until his retirement at the end of 2007. Mr. Eskew remained on the board of United Parcel Service until the end of 2014. He is a director of Allstate Corporation, Eli Lilly and Company and 3M Company. In addition, he is chairman of the Annie E. Casey Foundation.

David Farr

Mr. David N. Farr is an Independent Director of the Company. Mr. Farr joined Emerson in 1981 and subsequently held various executive positions. He was named senior executive vice president and chief operating officer in 1999, chief executive officer in 2000 and chairman and chief executive officer in 2004. Mr. Farr was named chairman, president and chief executive officer in 2005 and chairman and chief executive officer in 2010. He is chairman of the National Association of Manufacturers and a director of the US-China Business Council.

Alex Gorsky

Mr. Alex Gorsky is an Independent Director of the Company. Mr. Gorsky is joined Johnson & Johnson in 1988. In 2001, he was appointed president of Janssen Pharmaceutical Inc., and in 2003 he was named company group chairman of the Johnson & Johnson pharmaceutical business in Europe, the Middle East and Africa. Mr. Gorsky left Johnson & Johnson in 2004 to join the Novartis Pharmaceuticals Corporation, where he served as head of the company’s pharmaceutical business in North America. Mr. Gorsky returned to Johnson & Johnson in 2008 as company group chairman for Ethicon. In early 2009, he was appointed worldwide chairman of the Surgical Care Group and member of the executive committee. In September 2009, he was appointed worldwide chairman of the Medical Devices and Diagnostics Group. Mr. Gorsky became vice chairman of the executive committee in January 2011. He was named chief executive officer and joined the board of directors in April 2012, and was named chairman in December 2012. Mr. Gorsky is a member of the Business Roundtable’s Board of Directors and Chairman of its Corporate Governance Committee. Mr. Gorsky also serves on the boards of the Travis Manion Foundation, Congressional Medal of Honor Foundation, the National Academy Foundation and the Wharton Board of Overseers.

Shirley Jackson

Dr. Shirley Ann Jackson, Ph.D., is an Independent Director of the Company. Dr. Jackson was a theoretical physicist at the former AT&T Bell Laboratories from 1976 to 1991, professor of theoretical physics at Rutgers University from 1991 to 1995, and chairman of the U.S. Nuclear Regulatory Commission from 1995 until she assumed her current position of president of Rensselaer Polytechnic Institute in 1999. Dr. Jackson is a director of FedEx Corporation, Medtronic plc, and Public Service Enterprise Group Incorporated. She has been co-chair of the President’s Intelligence Advisory Board and a member of the International Security Advisory Board to the United States Secretary of State. Dr. Jackson is a fellow of the Royal Academy of Engineering (U.K.), the American Academy of Arts and Sciences, and a member of the National Academy of Engineering and the American Philosophical Society. Dr. Jackson is a recipient of the National Medal of Science, the highest award in science and engineering awarded by the U.S. Government. Dr. Jackson is a board member of the Council on Foreign Relations. She is a Regent Emerita and former Vice-Chair of the Board of Regents of the Smithsonian Institution, a past president of the American Association for the Advancement of Sciences, and an honorary trustee of the Brookings Institution. Additionally, during the past five years, she served as a director of Marathon Oil Corporation.

Andrew Liveris

Mr. Andrew N. Liveris is an Independent Director of the Company. Mr. Liveris joined Dow in 1976 and subsequently held various executive positions, including vice president of specialty chemicals from 1998 to 2000, business group president for performance chemicals from 2000 to 2003, and president and chief operating officer from 2003 to 2004. Mr. Liveris was named president and chief executive officer of Dow in 2004 and chairman in 2006. In 2016 he transitioned the president role and continued as chairman and chief executive officer of Dow until late 2017 when he transitioned to the position of executive chairman of DowDuPont. Mr. Liveris served as chairman of the President’s American Manufacturing Committee and now serves as a member of the President’s Task Force on Apprenticeship Expansion. Mr. Liveris also serves as vice chairman of the Executive Committee of the Business Roundtable, and as an Executive Committee member and former chairman of The Business Council. Mr. Liveris is also a trustee of The King Abdullah University of Science and Technology (KAUST), the California Institute of Technology and the United States Council for International Business (USCIB).

Hutham Olayan

Ms. Hutham S. Olayan is an Independent Director of the Company. She has been a principal and director of Olayan Investments Company Establishment, the parent company of The Olayan Group, since 1981. Prior to assuming the role of vice chairman in January 2018, she served as president and chief executive officer of Olayan America, heading The Olayan Group’s investment activities in the Americas for more than thirty years. Ms. Olayan is a director of Morgan Stanley. She has previously served as a director of Thermo Electron Corporation. She is also a member of the Executive Advisory Board of General Atlantic. She serves on the boards of the MasterCard Foundation, the Memorial Sloan-Kettering Cancer Center and the Peterson Institute for International Economics. Ms. Olayan is also a member of the Council on Foreign Relations and international advisory bodies affiliated with the Belfer Center for Science and International Affairs of Harvard University and the Carnegie Middle East Center.

James Owens

Mr. James W. Owens is an Independent Director of International Business Machines Corporation. He joined Caterpillar in 1972 as a corporate economist and subsequently held various management positions, including chief financial officer. He was named group president in 1995 and vice chairman in 2003. Mr. Owens served as chairman and chief executive officer of Caterpillar from 2004 until his retirement in 2010. He is a director of Alcoa Inc. and Morgan Stanley. Mr. Owens is chairman of the executive committee of the Peterson Institute for International Economics, former chairman of the board of trustees at North Carolina State University, and was a member of the President’s Economic Recovery Advisory Board.

Joseph Swedish

Mr. Joseph R. Swedish is Independent Director of the company. He joined Anthem in 2013 as chief executive officer and was named chairman of Anthem’s board in 2015. He was the chairman, chief executive officer and president until late 2017 when he retired and became the executive chairman. Prior to joining Anthem, he was president and chief executive officer of Centura Health from 1999 to 2004 and then served as president and chief executive officer of Trinity Health Corporation from 2004 to 2013. He also served as a director of the Blue Cross Blue Shield Association, the National Institute for Health Care Management, the Central Indiana Corporate Partnership, Inc. and as a member of the Business Roundtable. Mr. Swedish currently serves as chairman of the Board of Visitors of Duke University’s Fuqua School of Business and as a director of America’s Health Insurance Plans (past chairman). He is a graduate member of The Business Council and a member of the Duke Margolis External Advisory Board. He is also a director of CDW Corporation and Proteus Digital Health, Inc.

Sidney Taurel

Mr. Sidney Taurel is an Independent Director of the Company. Mr. Taurel joined Eli Lilly in 1971 and held management positions in the company’s operations in South America and Europe. He was named president of Eli Lilly International Corporation in 1986, executive vice president of the Pharmaceutical Division in 1991, executive vice president of Eli Lilly and Company in 1993, and president and chief operating officer in 1996. He was named chief executive officer of Eli Lilly and Company in 1998 and chairman in 1999. Mr. Taurel retired as chief executive officer in early 2008 and as chairman in late 2008. He became chairman of Pearson plc in 2016. He is also a member of the Board of Overseers of the Columbia Business School, a graduate member of The Business Council and a trustee of the Indianapolis Museum of Art. Additionally, during the past five years, he was a director of McGraw Hill Financial, Inc.

Peter Voser

Mr. Peter R. Voser is an Independent Director of the Company. He joined Shell in 1982 and held a variety of finance and business roles including chief financial officer of Oil Products. In 2002, he joined the Asea Brown Boveri (ABB) Group of Companies as chief financial officer and a member of the ABB Group executive committee. Mr. Voser returned to Shell in 2004 becoming a managing director of The Shell Transport and Trading Company, p.l.c. and chief financial officer of the Royal Dutch/Shell Group. He was appointed chief executive officer of Royal Dutch Shell plc in 2009 and held that position until his retirement in late 2013. Mr. Voser was named chairman of ABB Ltd. in 2015. He is a director of Roche Holding Limited and Temasek. Mr. Voser is also active in a number of international and bilateral organizations.

Frederick Waddell

Mr. Frederick H. Waddell is Independent Director of the company. He joined Northern Trust Corporation in 1975 and has served as the chairman of the board since November 2009. He previously served as chief executive officer from 2008 through 2017, as president from 2006 through 2011 and again from October to December 2016, and as chief operating officer from 2006 to 2008. Additionally, Mr. Waddell is a member of the Board of Trustees of Northwestern University and a director of AbbVie Inc.

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