Rometty to succeed Palmisano as IBM chairman

In the latest phase of a well-organized succession plan at IBM, Virginia Rometty will become chairman of the IT giant on October 1. Sam Palmisano will stay on as advisor until December 1, the company said.

IBM names Virginia Rometty new CEO

IBM today named Virginia Rometty as the first female CEO in its 100-year history. Rometty, credited for building IBM’s strong and profitable services business, will take the reins from Sam Palmisano on January 1 as CEO and president.