Date: 03 May 2004 Monday
Executive Changes at IBM , Over the past three years IBM has been improving its leadership position in a rapidly-changing IT industry
Executive changes at IBM
Over the past three years IBM has been improving its leadership position in a rapidly-changing IT industry. We have focused the company on the high-value segments of the industry, to be the innovator, and the creator of unique advantage for enterprise clients. This requires a high level of integration for our clients, and integration within our company.
Today's changes in our senior leadership are designed to accelerate and take our client-facing execution to the next level.
Doug Elix is now senior vice president and group executive, sales and distribution. Doug has grown our services business into the global market leader. As head of S&D, Doug will increase the teamwork and collaboration between sales, industry sectors and services, which is vital to serving our clients' needs.
John Joyce is now senior vice president and group executive, Global Services. John has extensive operational experience, and this together with his financial expertise and discipline, makes him ideally suited to lead IGS and further enhance its leadership position. IBM Global Financing will continue to report to John as part of IGS. This brings together all IBM services, including financing, into one organization.
Mark Loughridge is now senior vice president and Chief Financial Officer. Mark has deep experience as a finance leader in several parts of our company, including serving as IBM controller, assignments in Europe, services and hardware, and most recently as head of IBM Global Financing.
The intent of these leadership changes is straightforward -- to continue to meet changing customer requirements in the marketplace and to accelerate our strategic growth plans.