IBM’s Rometty is Being Replaced as CEO by Arvind Krishna, who has been Leading the Cloud Business

IBM has either been firmly outside of the most high-growth tech businesses, like online ads and content, or has failed to capture significant market share in the areas where it does participate. Wedbush’s Moshe Katri covers IBM and provides insight into the decision to change CEOs.

For more on Moshe Katri’s comments: IBM was the worst-performing large-cap tech stock during Rometty’s tenure, dropping 24%