Ginni Rometty: Stick to Your Deal

Last night, IBM CEO Ginni Rometty gave a speech to the Council On Foreign Relations breaking down how much the world has changed as computing gets smarter and more integrated into our businesses and lives.

Sam Palmisano will step down as IBM's CEO at the end of the year and will be replaced by longtime company executive Ginni Rometty.

IBM this afternoon named Virginia M. Rometty as president and CEO effective January 1, succeeding Samuel Palmisano, who will remain chairman. Rometty will also join the IBM board. Rometty, 54, is currently IBM senior vice president and group executive for sales, marketing and strategy. "Ginni Rometty has successfully led several of IBM's most important businesses ...

Michael Daniels, the man credited for masterminding IBM's uber successful services business, will retire on March 31, IBM announced in documents filed to the SEC.

As Ginni Rometty takes the helm at IBM, her boss is leaving the shop in great shape. Every change of the watch should be so smooth.

Michael Tarsala submits: It barely matters who Hewlett-Packard (HPQ) finds to replace Marc Hurd as CEO. This stock is cheap on almost every measure, and should rally along with the rest of tech when his predecessor is named. Which, by the way, could be very

(Reuters) - IBM's global sales chief Virginia Rometty will take over as CEO from Sam Palmisano in 2012, a move that may make her one of the most powerful women in business and technology.

Reuters - IBM's global sales chief Virginia Rometty will take over as CEO from Sam Palmisano in 2012, a move that may make her one of the most powerful woman in business and technology.