IBM boss Rometty steps down as cloud chief takes the reins

IBM boss Ginni Rometty is to step down later this year and be replaced by cloud boss Arvind Krishna. Krishna is currently the SVP of cloud and cognitive services at the company and was a "principal architect" of the company's mammoth Red Hat acquisition last year. He has been with the company for nearly thirty years. He will take over on 6 April, while Rometty will continue as executive chairman until her retirement from the company at the end of the year. "Arvind is the right CEO fo...