Ginni Rometty, IBM’s first female CEO, to exit in April

Ginni Rometty

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Ginni Rometty, the first female CEO in IBM’s century-long history, is leaving the helm in April.

Rometty, 62, will remain IBM’s executive chairwoman until the end of the year. Her departure, announced Thursday, caps nearly 40 years with a technology giant famous for its conservative corporate culture. Rometty became IBM CEO eight years ago after previously overseeing sales and marketing.

As of this month, Rometty was one of 29 female CEOs leading S&P 500 companies, according to data from Catalyst, a nonprofit for women in business. That’s less than 6%.

IBM said the company’s commitment to diversity and inclusion advanced under Rometty’s leadership. This includes extending parental leave and making it easier for women to return to work after taking time off to care for children.

Ginni Rometty

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IBM said in a statement that Rometty “reinvented more than 50% of IBM’s portfolio” during her tenure, building a $21 billion cloud business while also advancing the company’s initiatives in artificial intelligence, quantum computing and blockchain technology.

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