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Fortune sat down with the CHRO of Kyndryl Maryjo Charbonnier to discuss how she managed the spin-off and what it was like crafting a new company culture from scratch. This interview has been ...
As per the terms, IBM shareholders will receive 80.1% of Kyndryl’s common stock on. American multinational technology company International Business Machines Corporation (IBM) announced that its ...
Kyndryl Holdings, Inc. is an American multinational information technology infrastructure services provider, [4] [5] [6] headquartered in New York City [7] and created from the spin-off of IBM's infrastructure services business in 2021.
Kyndryl's recent investor day conference brought some very encouraging news for shareholders.
Martin Schroeter (born 1964) is an American-Australian businessperson. [3] He has been the founding chairman and CEO of Kyndryl, an IBM spinoff, since 2021. [4] [5] [2] He previously held roles at IBM, including CFO from 2014 [6] to 2017, [7] and senior vice president of global markets until 2020. [8]
Kyndryl's fiscal Q2 report delivered good news for investors on key fronts.
The three types of corporate divisions are commonly known as spin-offs, split-offs and split-ups. The spin-off involves a distribution of property to shareholders without the surrender of any stock, which thus resembles a dividend. The split-off resembles a redemption because the shareholders have relinquished stock of the distributing corporation.
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