International Business Machines Corp. Chief Executive Officer Sam Palmisano will probably cede the post next year, raising the possibility of the first female or first black CEO in the 99-year-old company’s history.
As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and values of academia with shareholder skepticism about their boardroom commitments.
Augusta National Golf Club Chairman Billy Payne said he wouldn’t discuss the organization’s lack of female members amid questions about a possible invitation to Virginia “Ginni” Rometty of International Business Machines Corp.
Twenty-two years ago, International Business Machines Corp. used its clout to protest racial discrimination. The company joined other corporate sponsors in pulling television advertising from the PGA Championship which was being played at a whites-only Alabama golf club.