IBM made several top-level management changes this week beginning with the
appointment of Samuel Palmisano as the company’s new president and chief
operating officer, while John Thompson was promoted as vice chairman. Both
appointments will be effective September 1.
Palmisano has been IBM’s senior vice president and group executive in
charge of servers and enterprise storage systems. In his new positions, he will
be responsible for IBM's operating units, including all product and services
divisions as well as the company's sales and distribution and global financing
businesses.
Thompson, who was senior vice president and group executive of the IBM
Software Group, will be responsible for IBM's efforts in next-generation
Internet and wireless technologies and business relating to the Linux operating
system. Both are expected to be elected to the IBM board of directors. "As
we enter the next phase of IBM's transformation, we need a new organizational
approach that will strengthen our focus on both day-to-day marketplace results
and future growth opportunities,'' said chairman and CEO Louis V Gerstner.