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- CEO Top 50 Name: Ginni Rometty Net worth: Approx. $90 million
www.ceotodaymagazine.com › top-ceos › ceo-today-top-50-ginni-rometty
Co-Chair, OneTen. A 36-year veteran of the iconic tech company, Rometty has led IBM's transition to a data company. Today, half of IBM's $79.1 billion 2017 revenue comes from the emerging,...
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Apr 20, 2023 · The former CEO reportedly earned about $33 million per year while she was the top executive at IBM, and she also held top positions over the previous decades that likely gave her a large...
- Kathryn Underwood
- Former CEO of IBM; Author
Mar 8, 2023 · It may have helped her withstand the critics who focused on high executive pay (Rometty earned more than $130mn over her tenure) while IBM was making huge lay-offs, outsourcing work and ...
- Anjli Raval
- What Is Ginni Rometty's Net Worth and Salary?
- Ginni Rometty Stock Holdings
- Early Life and Education
- Joining IBM
- Senior Vice President of IBM Global Business Services
- IBM's First Female CEO
- Transformation and Strategic Imperatives
- Acquisition of Red Hat
- Retirement and Legacy
Ginni Rometty is an American business executive who has a net worth of $90 million. Ginni Rometty is best known for being the former chairwoman, president, and CEO of IBM. In a typical year at the peak of her time with IBM, her salary (base, bonus and security benefits) totals around $33 million. Under Rometty's leadership, IBM transformed its busi...
Ginni is the largest individual shareholder in IBM. She holds 206,000 shares directly and another 96,000 restricted stock units. In recent years, those shares have been worth around $40 million.
Born Virginia Rometty, she grew up in a working-class family in the Chicago suburb of Arlington Heights. Her parents divorced when she was a teenager, leaving her mother to raise four children on her own. Despite facing financial challenges, Rometty's mother instilled in her the importance of hard work, perseverance, and education. Rometty attended...
In 1981, Ginni Rometty began her career at IBM as a systems engineer, working with clients to identify and solve their technology challenges. Over the next several years, Rometty held various positions within the company, focusing on sales, marketing, and strategic planning. Her strong performance and leadership abilities led to a steady rise throu...
In 2002, Rometty was named Senior Vice President of IBM Global Business Services, where she was responsible for overseeing the integration of PricewaterhouseCoopers Consulting following IBM's acquisition of the firm. This merger created one of the world's largest consulting businesses, and Rometty's successful management of the integration process ...
In October 2011, IBM announced that Ginni Rometty would succeed Samuel J. Palmisanoas the company's President and CEO, making her the first woman to lead the tech giant in its 100-year history. Rometty officially assumed the role on January 1, 2012, and later that year, she also became the company's Chairman.
As IBM's CEO, Rometty oversaw a period of significant transformation for the company. She shifted IBM's focus away from its traditional hardware and software businesses, instead prioritizing emerging technologies such as cloud computing, artificial intelligence (with the development of IBM Watson), and cybersecurity. These areas, which Rometty refe...
In 2018, under Rometty's leadership, IBM announced the acquisition of Red Hat, an open-source software company, for $34 billion. This marked the largest acquisition in IBM's history and signaled a major strategic move to strengthen the company's position in the rapidly growing cloud computing market.
In January 2020, Ginni Rometty announced her plans to retire from her role as IBM's CEO, effective April 2020. She was succeeded by Arvind Krishna, the company's Senior Vice President of Cloud and Cognitive Software. Rometty continued to serve as IBM's Executive Chairman until her retirement at the end of 2020. Throughout her nearly 40-year career ...
- Celebrity Net Worth
Virginia " Ginni " Rometty (born July 29, 1957) is an American business executive who was executive chairman of IBM after stepping down as CEO on April 1, 2020. She was previously chairman, president and CEO of IBM, becoming the first woman to head the company.
Jan 16, 2021 · After more than 40 years at IBM, former chief executive officer and executive chairman Ginni Rometty grants us her exclusive 'exit interview' in this special "Bloomberg Studio 1.0" with Emily...
- 23 min
He was appointed IBM's CEO in January 2020, effective April 6, 2020, [21] succeeding Ginni Rometty who was CEO since 2012. [22] He joined Satya Nadella, Shantanu Narayen, and Sundar Pichai as an Indian-American CEO of a major United States technology company. [23] [24] In 2021, he was named by CRN as the year's "Most Influential Executive". [25]