Bloomberg News

IBM Adds Johnson & Johnson CEO, Retired Shell Chief to Board

July 30, 2014

International Business Machines Corp. (IBM:US) named Johnson & Johnson Chief Executive Officer Alex Gorsky and retired Royal Dutch Shell Plc CEO Peter Voser to its board, adding expertise in two global industries.

The two new directors will expand IBM’s board to 14 members when their terms start in the coming months, the Armonk, New York-based company said yesterday in a statement. They’re the first board members to be appointed since Emerson Electric Co. CEO David Farr joined in 2012, according to data compiled by Bloomberg.

IBM is seeking to win over customers in the health-care and energy industries with new offerings from business units it’s trying to expand. Memorial Sloan Kettering Cancer Center and MD Anderson Cancer Center have already worked with IBM’s Watson technology, which analyzes troves of data and in conversational English.

The company has also added a networking technology to its SoftLayer cloud offering to speed up the transfer of large amounts of data between servers -- a process typical to oil exploration, IBM said this month.

Gorsky, 54, oversaw surgical products and medical devices in different roles at Johnson & Johnson before being named CEO in 2012. Voser, 55, who retired last year, was Shell’s chief financial officer before being named the energy company’s CEO in 2009.

To contact the reporter on this story: Alex Barinka in New York at abarinka2@bloomberg.net

To contact the editors responsible for this story: Sarah Rabil at srabil@bloomberg.net Crayton Harrison, Cecile Daurat


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Companies Mentioned

  • IBM
    (International Business Machines Corp)
    • $187.17 USD
    • -2.66
    • -1.42%
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