IBM names Rometty president-CEO

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Armonk, N.Y.—IBM Corp. announced that its board has named Virginia Rometty president-CEO, effective Jan. 1. Rometty, who joined IBM in 1981 as a systems engineer, currently serves as senior VP-and group executive, sales, marketing and strategy at IBM. She will succeed Sam Palmisano, who will remain chairman. Rometty has also been elected to IBM's board, effective Jan. 1.
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