First Female CEO at IBM

IBM Corporation on October 25, 2011 announced that it would promote Virginia "Ginni" Rometty to the position of CEO effective January 1, 2012, first female CEO in the technology giant's history. The incumbent Sam Palmisano will assume the role of Chairman. Rometty currently (as of October 25) heads the sales and marketing and was instrumental in integrating PriceWaterhouseCooper.