Jim Whitehurst has announced he is stepping down as the president of IBM. Whitehurst’s resignation is being seen as one of the several management moves IBM announced. The 53-year-old’s exit led to shares of the technological giant falling 4.8 per cent to $139.83, the most in five months. Whitehurst was appointed as IBM’s president last year. This was the first time in decades that the corporation split up the designation of a chief executive officer (CEO) and president.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
The Ministry of Statistics and Programme Implementation (MoSPI) has announced a major reform in India's…
OmniCard, a corporate spend management platform developed by Eroute Technologies Private Limited, has launched India's…
The Reserve Bank of India (RBI) has released draft amendments to strengthen India's securitisation market…
In a landmark initiative to promote women's empowerment, renewable energy, and rural entrepreneurship, the Chhattisgarh…
To commemorate the completion of four years as the President of India, President Droupadi Murmu…
DBS Bank has created history by becoming the first Southeast Asian bank to be named…