IBM uses former Bank of America CTO to oversee cloud operations

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FILE PHOTO: A man stands near an IBM logo at the Mobile World Congress in Barcelona, ​​Spain, February 25, 2019. REUTERS / Sergio Perez

(Reuters) – International Business Machines Corp (IBM.N) on Monday named the former Bank of America Corp (BAC.N) Howard Boville, chief technology officer, runs his cloud business, while Arvind Krishna succeeds longtime chief Ginni Rometty.

Krishna led Big Blue’s fast-growing cloud operations before becoming Managing Director in late January.

As CTO of Bank of America, Boville was responsible for building and managing the cloud services for the second largest US bank.

IBM said in November that it had created cloud technology specific to financial services in collaboration with Bank of America.

Krishna, the key architect in the acquisition of IBM Red Hat for $ 34 billion last year, made the announcements in a letter to employees when he took charge of them on Monday.

The company also appointed Paul Cormier as general manager of Red Hat, succeeding Jim Whitehurst, who was named president of IBM in late January.

(This story corrects to go to the CEO’s second name in the text.)

Report by Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila

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