IBM: INTERNATIONAL BUSINESS MACHS Profile

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INTERNATIONAL BUSINESS MACHS

IBM

Stock price

129.52 -0.48 -0.37%

as of 04:00 PM EDT on 07/23/2008 in USD (NYSE Delay: 20 mins.)
Extended Hours

129.78 0.26 0.20%

as of 06:32 PM EDT on 07/23/08

Analyst Consensus

Buy
Analyst Consensus

Strong Buy

Buy

Hold

Sell

Strong Sell
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Discuss: IBM

INTERNATIONAL BUSINESS MACHS Profile

Big Blue? Try Huge Blue. International Business Machines (IBM) is the world's top provider of computer products and services. Among the leaders in almost every market in which it competes, the company makes mainframes and servers, storage systems, and peripherals. Though perhaps still best known for its hardware, IBM's growing services business now accounts for more than half of its sales. Its IT services arm is the largest in the world and the company is also one of the largest providers of both software (ranking #2, behind Microsoft) and semiconductors.

Samuel J. Palmisano: CEO

New Orchard Rd.

Armonk, NY 10504

http://www.ibm.com

Phone: 914-499-1900

Fax: —

Sector: Technology Industry: Computer Hardware

2007 Sales	2007 Sales Growth	2007 Net Income	2007 Employees
$98,786,000,000	8.1%	$10,418,000,000	426,969

Key Executives: IBM

Name	Title	Officer Since
Samuel J. Palmisano	CEO	1/1/00
Mark Loughridge	CFO	-
Robert C. Weber	General Counsel	-
James J. Kavanaugh	Vice President	-
Daniel E. O'Donnell	Vice President	-
Jesse J. Greene, Jr.	Vice President	-
Rodney C. Adkins	Senior VP, Divisional	-
Michael L. Eskew	Director	1/1/05

View All Key Executives

Mr. Weber was a partner at Jones Day, an international law firm, until joining IBM in 2006. He was with Jones Day for almost 30 years, and his career included counseling corporations, individuals and boards of directors, as well as extensive experience in corporate derivative litigation, federal and state enforcement actions and commercial litigation.... View Full Profile

Robert C. Weber

Mr. Weber was a partner at Jones Day, an international law firm, until joining IBM in 2006. He was with Jones Day for almost 30 years, and his career included counseling corporations, individuals and boards of directors, as well as extensive experience in corporate derivative litigation, federal and state enforcement actions and commercial litigation.... View Full Profile

Rodney C. Adkins

Michael L. Eskew, 58, is retired chairman and chief executive officer of United Parcel Service, Inc., a provider of specialized transportation and logistics services. He is a member of IBM's Audit Committee. Mr. Eskew joined United Parcel Service in 1972. He was named corporate vice president for industrial engineering in 1994, group vice president for engineering in 1996, executive vice president in 1999, vice chairman in 2000, and he was... View Full Profile

Michael L. Eskew

Michael L. Eskew, 58, is retired chairman and chief executive officer of United Parcel Service, Inc., a provider of specialized transportation and logistics services. He is a member of IBM's Audit Committee. Mr. Eskew joined United Parcel Service in 1972. He was named corporate vice president for industrial engineering in 1994, group vice president for engineering in 1996, executive vice president in 1999, vice chairman in 2000, and he was... View Full Profile

Charles M. Vest

William R. Brody, 64, is president of The Johns Hopkins University. He is a member of IBM's Executive Compensation and Management Resources Committee. From 1987 to 1994, Dr. Brody was the Martin Donner Professor and director of the Department of Radiology, professor of electrical and computer engineering, and professor of biomedical engineering at Johns Hopkins and radiologist in-chief of The Johns Hopkins Hospital. He was the provost of the... View Full Profile

Dr. William R. Brody, M.D., Ph.D.

William R. Brody, 64, is president of The Johns Hopkins University. He is a member of IBM's Executive Compensation and Management Resources Committee. From 1987 to 1994, Dr. Brody was the Martin Donner Professor and director of the Department of Radiology, professor of electrical and computer engineering, and professor of biomedical engineering at Johns Hopkins and radiologist in-chief of The Johns Hopkins Hospital. He was the provost of the... View Full Profile

Michael E. Daniels

IBM has announced that Timothy S. Shaughnessy, Vice President and Controller, became Senior Vice President, Services Delivery, effective May 2.... View Full Profile

Timothy S. Shaughnessy

IBM has announced that James J. Kavanaugh became Vice President and Controller effective May 2. Mr. Kavanaugh, 41, was most recently Vice President, Finance and Operations, Sales and Distribution at IBM. He has been an IBM executive for over 10 years.... View Full Profile

James J. Kavanaugh

On June 25, 2008, IBM announced that the IBM Board of Directors elected Alain J. P. Belda to the Board effective July 29, 2008. Mr. Belda, 65, is chairman of Alcoa Inc. Mr. Belda"s career with Alcoa began in 1969, and he subsequently held various executive positions. From 1979 to 1994 he was president of Alcoa Aluminio S.A. in Brazil, Alcoa"s Brazilian subsidiary. He was named executive vice president in 1994, vice chairman in 1995, president and... View Full Profile

Alain J. P. Belda

On June 25, 2008, IBM announced that the IBM Board of Directors elected Alain J. P. Belda to the Board effective July 29, 2008. Mr. Belda, 65, is chairman of Alcoa Inc. Mr. Belda"s career with Alcoa began in 1969, and he subsequently held various executive positions. From 1979 to 1994 he was president of Alcoa Aluminio S.A. in Brazil, Alcoa"s Brazilian subsidiary. He was named executive vice president in 1994, vice chairman in 1995, president and... View Full Profile

Jurgen Dormann

James W. Owens, 62, is chairman of the board and chief executive officer of Caterpillar Inc., a manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. He is a member of IBM's Audit Committee. Mr. Owens joined Caterpillar Inc. in 1972 as a corporate economist and subsequently held various management positions, including chief financial officer. He was named group president in 1995, vice... View Full Profile

James W. Owens

Lorenzo H. Zambrano, 63, is chairman and chief executive officer of CEMEX, S.A.B. de C.V., a producer and marketer of cement and ready-mix concrete products. He is a member of IBM's Directors and Corporate Governance Committee. Mr. Zambrano joined CEMEX in 1968. He was named chief executive officer in 1985 and has also served as chairman of the board since 1995. He is a director of Grupo Televisa and a member of the Citigroup International... View Full Profile

Lorenzo H. Zambrano

Cathleen Black, 63, is president of Hearst Magazines, a division of The Hearst Corporation, a diversified communications company. She is chair of IBM's Directors and Corporate Governance Committee and a member of IBM's Executive Committee. Prior to joining Hearst Magazines, she was president and chief executive officer of the Newspaper Association of America from 1991 to 1996, president, then publisher, of USA TODAY from 1983 to 1991, and also... View Full Profile

Cathleen P. Black

Sidney Taurel, 59, is chairman of the board and chief executive officer of Eli Lilly and Company, a pharmaceutical company. He is chair of IBM's Executive Compensation and Management Resources Committee and a member of IBM's Executive Committee. Mr. Taurel joined Eli Lilly in 1971 and has held management positions in the company's operations in South America and Europe. He was named president of Eli Lilly International Corporation in 1986,... View Full Profile

Sidney Taurel

Joan E. Spero, 63, is president of the Doris Duke Charitable Foundation. She is a member of IBM's Audit Committee. Ms. Spero served as U.S. Ambassador to the United Nations for Economic and Social Affairs from 1980 to 1981. From 1981 to 1993 she held several positions with American Express Company, the last being executive vice president, corporate affairs and communications. From 1993 to 1996 Ms. Spero served as U.S. Undersecretary of State for... View Full Profile

Joan E. Spero

amuel J. Palmisano, 56, is chairman of the Board, president and chief executive officer of IBM and chair of IBM's Executive Committee. Mr. Palmisano joined IBM in 1973. He was elected senior vice president and group executive of the Personal Systems Group in 1997, senior vice president and group executive of IBM Global Services in 1998, senior vice president and group executive of Enterprise Systems in 1999, president and chief operating officer... View Full Profile

Samuel J. Palmisano

amuel J. Palmisano, 56, is chairman of the Board, president and chief executive officer of IBM and chair of IBM's Executive Committee. Mr. Palmisano joined IBM in 1973. He was elected senior vice president and group executive of the Personal Systems Group in 1997, senior vice president and group executive of IBM Global Services in 1998, senior vice president and group executive of Enterprise Systems in 1999, president and chief operating officer... View Full Profile

Daniel E. O'Donnell

Mr. Greene was with Compaq Computer Corporation (now a part of HewlettPackard Company), a computer company, as Senior Vice President and Chief Financial Officer until joining IBM in 2002. He was with Compaq for two years. Before joining Compaq, Mr. Greene served as Corporate Senior Vice President and Director of Business Strategy and Information Technology at Eastman Kodak Company. During six years at Kodak, Mr. Greene held a number of financial... View Full Profile

Jesse J. Greene, Jr.

Kenneth I. Chenault, 56, is chairman and chief executive officer of American Express Company, a financial services company. Mr. Chenault joined American Express in 1981 and was named president of the U.S. division of American Express Travel Related Services Company, Inc. in 1993, vice chairman of American Express Company in 1995, president and chief operating officer in 1997 and chairman and chief executive officer in 2001. Mr. Chenault became an... View Full Profile

Kenneth I. Chenault

Mark Loughridge was named IBM Senior Vice President and Chief Financial Officer in May 2004. He is a member of IBM's Corporate Operations Team and Worldwide Management Council. Mr. Loughridge was previously senior vice president and general manager, Global Financing, where he was responsible for business direction and management of a portfolio in excess of $38 billion. Prior to that role, Mr. Loughridge served in several executive-level finance... View Full Profile

Mark Loughridge

Mark Loughridge was named IBM Senior Vice President and Chief Financial Officer in May 2004. He is a member of IBM's Corporate Operations Team and Worldwide Management Council. Mr. Loughridge was previously senior vice president and general manager, Global Financing, where he was responsible for business direction and management of a portfolio in excess of $38 billion. Prior to that role, Mr. Loughridge served in several executive-level finance... View Full Profile

Minoru Makihara

Shirley Ann Jackson, 61, is president of Rensselaer Polytechnic Institute. She is a member of IBM's Directors and Corporate Governance Committee. Dr. Jackson was a theoretical physicist at the former AT&T Bell Laboratories from 1976 to 1991, professor of theoretical physics at Rutgers University from 1991 to 1995 and chairman of the U.S. Nuclear Regulatory Commission from 1995 until she assumed her current position in 1999. Dr. Jackson is a... View Full Profile

Dr. Shirley Ann Jackson, Ph.D.

Lucio A. Noto, 69, is a managing partner of Midstream Partners LLC, an investment company specializing in energy and transportation projects. He is chair of IBM's Audit Committee and a member of IBM's Executive Committee. Mr. Noto was chairman and chief executive officer of Mobil Corporation from 1994 until its merger with Exxon in 1999 at which time he was named vice chairman of Exxon Mobil Corporation. He held this position until his retirement... View Full Profile

Lucio A. Noto

Lucio A. Noto, 69, is a managing partner of Midstream Partners LLC, an investment company specializing in energy and transportation projects. He is chair of IBM's Audit Committee and a member of IBM's Executive Committee. Mr. Noto was chairman and chief executive officer of Mobil Corporation from 1994 until its merger with Exxon in 1999 at which time he was named vice chairman of Exxon Mobil Corporation. He held this position until his retirement... View Full Profile

Virginia M. Rometty

Mr. MacDonald was with GTE (now Verizon Communications), a telecommunications company, as executive vice president of human resources and administration until joining IBM in 2000. He was with GTE for 17 years holding positions of increasing responsibility. Before joining GTE, Mr. MacDonald held human resources positions at Ingersoll-Rand Corporation and Sterling Drug, Inc.... View Full Profile

J. Randall MacDonald

Doug Elix is senior vice president and group executive for IBM Global Services. He is responsible for the worldwide operation of IBM Global Services, the world's leading business and information technology services provider with approximately 170,000 professionals serving customers in 160 countries. IBM Global Services, which reported annual revenue of $36 billion in 2002, now includes IBM Business Consulting Services, the new business unit... View Full Profile

Douglas T. Elix

As senior vice president for IBM Strategy, J. Bruce Harreld is responsible for the formulation and execution of the company's overall strategy. He leads IBM's Strategy team, which focuses on near- and longer-term growth opportunities for the company. As part of this responsibility, Mr. Harreld heads IBM's Emerging Business Opportunity (EBO) program, a unique management system that has produced more than 20 new businesses for IBM over the past... View Full Profile

J. Bruce Harreld

Dr. John E. Kelly, III is senior vice president, research and intellectual property in IBM Systems & Technology Group. Dr. Kelly is responsible for developing, manufacturing and marketing IBM's microelectronics technologies, products and Engineering & Technology services. Prior to assuming his current role in August of 2000, Dr. Kelly was general manager of IBM's Microelectronics Division, responsible for IBM's worldwide microelectronics... View Full Profile

Dr. John E. Kelly, III

Jon Iwata is responsible for worldwide communications for IBM. His organization includes media relations, industry analyst relations, executive and internal communications, shareholder communications and IBM's global intranet, which serves the company's 320,000 employees. In addition, his team is responsible for instilling IBM Values into the company's practices and operations, and for coordinating IBM's corporate affairs initiatives. Jon is a... View Full Profile

Jon C. Iwata

Dr. Paul M. Horn oversees the world's largest and most prolific research organization dedicated to information technology, with 3,000 researchers at eight labs worldwide. Under Horn's leadership as senior vice-president and director, IBM Research has produced an unmatched string of technological breakthroughs, including the chess-playing supercomputer Deep Blue, the world's first copper chip, the giant magneto-resistive head (GMR) and strained... View Full Profile

Dr.Paul M. Horn

Robert W. Moffat, Jr. is senior vice president, integrated operations. Appointed to this position in February, 2002, Mr. Moffat leads IBM's end-to-end supply chain operations, including procurement, systems manufacturing, logistics and customer fulfillment processes for IBM worldwide. Prior to this appointment, Mr. Moffat was senior vice president and group executive of IBM's Personal and Printing Systems Group, where he was responsible for... View Full Profile

Robert W. Moffat, Jr.

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INTERNATIONAL BUSINESS MACHS

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INTERNATIONAL BUSINESS MACHS Profile

Key Executives: IBM