Skip to Content
International Business Machines’ big news in 2020 was the promotion of 30-year company executive Arvind Krishna to the CEO job, succeeding Ginni Rometty. IBM stock has been in a long swoon since 2013, even as the overall market has rocketed; the company needs a revised strategy, and Krishna has wasted little time pursuing one. In October 2020, he announced plans to spin off the business that manages IT infrastructure for other companies—IBM stock rose on the news—and he has been acquiring smaller businesses to build up IBM’s strength in cloud software for business automation. His strategic direction is no surprise; he had been following it even before he was CEO, championing IBM’s acquisition of the Red Hat enterprise software firm in 2019. Judging his success so far is difficult because the pandemic muddied comparisons with past performance.
Miguel Medina—AFP/Getty Images
Lists ranking International Business Machines
RANK121
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
RANK53
60 Best Large Workplaces in New York - 2021These companies foster supportive cultures, where ...READ MOREview in list
RANK42
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list
RANK72
100 Best Companies to Work For - 2021Our 2021 list of the 100 best companies to work fo...READ MOREview in list
RANK13
30 Best Large Workplaces in Technology - 2021Caring leaders at the Best Workplaces in Technolog...READ MOREview in list
RANK41
World’s Most Admired Companies - 2021After a year in which humanity leaned more heavily...READ MOREview in list