I ‘speak’ here as a proud ex-IBMer, one who made a decent living for 30-years as an IBM ‘expert’ and one who has been accused, more than once, of ‘bleeding blue when cut‘ (‘Big Blue‘ being IBM’s nickname).
I do NOT know Rometty. I never met her during my terms at IBM — my last stint c. 2001.
I have only watched her from far and she has NOT impressed me one iota.
20 CONSECUTIVE (bloody) quarters of declining revenues. Yes, 20 quarters — 5 years. That is basically a WHOLE tenure as IBM’s Chairman.
Come ON! Give me a break. She would have been out on her ear ages ago if she was a man.
Now it is looking embarrassing to all.
IBM has had some GREAT CEOs and Chairmen, not even counting the two father-son Watsons. Cary, Opel & Akers were GOOD. Gerstner, who I ‘knew’, was BRILLIANT. Palmisano was not great. Gin & Tonic Rometty, however, is the worst.
And IF you did NOT know. IBM’s stock price is what it is, because she was buying back BILLIONS to prop up the price!
Warren Buffett over the weekend admitted that he made a mistake in buying IBM. Well, he is getting OLD.
The best thing for IBM is to go cap-in-hand to Amazon and ask them, please, if they would buy IBM to put it out of its misery.