The board of directors of Armonk-based IBM (NYSE: IBM) has elected Michael Miebach, CEO of Purchase-based Mastercard (NYSE:MA), to the board, effective Oct. 30.
“We are delighted that Michael Miebach will join the IBM board of directors,” said Arvind Krishna, IBM chairman and CEO. “Michael is an accomplished technologist and international business leader. His insights and experience will strongly benefit IBM and its shareholders.”
Miebach is also a member of the Business Roundtable, the Business Council and the International Business Council of the World Economic Forum. He is a trustee of the U.S. Council for International Business and also serves on the U.S. Treasury Advisory Committee on Racial Equity.