IBM taps former Bank of America CTO to oversee cloud business [Reuters]
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Source: Reuters
IBM taps former Bank of America CTO to oversee cloud business (Reuters) - International Business Machines Corp ( IBM.N ) on Monday named former Bank of America Corp ( BAC.N ) top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty. Arvind, known by his first name, headed the Big Blue’s fast-growing cloud business before his elevation as chief executive officer in late-January. As chief technology officer of Bank of America, Boville was responsible for building and running the second largest U.S. bank’s cloud services. IBM said in November it had created a financial services-specific cloud technology in collaboration with Bank of America. Arvind, the key architect of IBM’s $34 billion Red Hat acquisition last year, made the announcements in a letter to employees as he took charge on Monday. The company also appointed Paul Cormier as the new chief executive officer of Red Hat, succeeding Jim Whitehurst, who
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