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Durham native, UNC graduate to be CIO at IBM spinoff Kyndryl

IBM Services Business Unveils New Post-Split Name: Kyndryl

IBM Services Business Unveils New Post-Split Name: Kyndryl The $19 billion managed infrastructure services business will be based in New York City and operate under the name Kyndryl once it separates from IBM later this year. By Michael Novinson April 12, 2021, 11:17 AM EDT IBM has settled on a new name for its $19 billion managed infrastructure services business once it’s spun out from Big Blue later this year: Kyndryl. The Armonk, N.Y.-based technology giant revealed Monday that Kyndryl will be based in New York City and adopt a logo with the company’s name written in red and entirely in lowercase. The spinout of the 4,600-client Kyndryl business is expected to occur by the end of 2021, more than a year after the separation plan was first unveiled.

IBM picks two tech vets to lead new services business

Two veteran IBM executives with global experience have been tapped to lead the company’s IT management and infrastructure business, once that is eventually spun out. IBM picked Elly Keinan as group president of NewCo., which is expected to be named later. Keinan has previously worked as general manager of IBM North America, general manager of IBM Latin America, and chairman of IBM Japan, during his 30 year tech career. Keinan was most recently a partner with Pitango Venture Capital, Israel’s leading venture capital group. NewCo’s chief marketing officer will be Maria Bartolome Winans. The 25-year company veteran, has been the chief marketing officer for IBM Americas, responsible for demand generation across the U.S., Canada, and Latin America. She has also led marketing teams for IBM Watson’s business, as well as IBM’s software unit.

Investegate |Intnl Bus. Mach Announcements | Intnl Bus. Mach: IBM Announces Senior Roles for "NewCo," the Independent Managed Infrastructure Services Business to Spin Out from IBM

Intnl Bus. Mach IBM Announces Senior Roles for “NewCo,” the Independent Managed Infrastructure Services Business to Spin Out from IBM IBM Announces Senior Roles for “NewCo,” the Independent Managed Infrastructure Services Business to Spin Out from IBM IBM   IBM (NYSE:IBM) today announced key members of the executive team to lead the independent company that will be created following the previously announced separation of IBM’s Managed Infrastructure Services business (“NewCo”). The leadership appointments represent an important step toward establishing an independent NewCo, which will be a global leader in the management and modernization of IT infrastructure. The company’s new name will be announced in the coming months, and the separation is expected to occur by the end of 2021.

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