logo
  

IBM Appoints Martin Schroeter To Lead Managed Infrastructure Services Business

IBM (IBM) has appointed Martin Schroeter as Chief Executive Officer of the independent company that will be created following the separation of the company's Managed Infrastructure Services business, effective January 15. Schroeter served as IBM's Senior Vice President, Global Markets. He was the company's CFO from 2014 to 2017.

Arvind Krishna, CEO of IBM, said: "Martin has a deep understanding of the industry and has earned the trust of our clients and of the investor community. He has the strategic vision and business judgement to realize NewCo's enormous potential as the global leader in managed infrastructure services."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration said it now intends to review only a small subset of new emergency use authorization or EUA requests for diagnostic tests. As per an updated COVID-19 test policy with a view to ensure continued access to tests, the regulator further urged developers of all test types seeking marketing authorization to pursue traditional premarket review for most test types. Netflix, Inc. said it is adding a new feature to offer a more personalized mobile games experience on the platform. In a statement, Sophia Yang, Product Manager, Mobile Games, said the company is rolling out the ability to create game handles, with which members will be able to create a unique public username. This can be used across all Netflix games. General Motors Co. has delayed its plan to require employees to return to office many days a week until next year, reports said citing an internal memo signed by CEO Mary Barra. Last week, the company had announced that corporate workers would be required to return to respective offices at least three days a week, beginning later this year, as the COVID-19 pandemic eases.
Follow RTT