IBM Appoints Ramon Laguarta to Board of Directors

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Laguarta, current Chairman and Chief Executive Officer of PepsiCo, Inc., to its Board of Directors, effective March 1, 2026. Laguarta, with extensive experience in leading PepsiCo, a global food and beverage leader, is expected to contribute significantly to IBM's strategic direction and governance. IBM's Chairman, Arvind Krishna, highlighted Laguarta's expertise in leveraging technology to transform large organizations as a key asset for the company. Laguarta will join the Directors and Corporate Governance Committee, bringing a wealth of experience from his roles in scaling technology and driving growth at PepsiCo.

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About International Business Machines Corporation

International Business Machines Corporation, commonly known as IBM, is a global technology and consulting company primarily known for its enterprise solutions. IBM operates in various segments including cloud computing, artificial intelligence (AI), blockchain, and quantum computing, providing critical infrastructure to businesses and governments worldwide. A pivotal player in the IT services industry, IBM offers software products like Watson, a powerful AI system, and collaborates on large-scale data management and analytics projects. IBM is also heavily involved in the IT consulting sector, helping organizations modernize operations through digital transformation initiatives. Headquartered in Armonk, New York since its founding in 1911, the company has been instrumental in driving advancements in computing technology. IBM's contributions significantly impact sectors ranging from healthcare to finance, making it an integral entity within the tech industry and global economy.