By Michael Dabaie

 

JPMorgan Chase & Co. said IBM Executive Chairman Ginni Rometty was been elected as a director of the company, effective immediately.

Ms. Rometty serves as executive chairman of IBM and previously was IBM chairman, president and chief executive.

"Ginni Rometty is one of the most accomplished business leaders of our time -- leading IBM's resurgence during an extremely competitive and ever-changing environment. We are so fortunate to attract another outstanding director to our board, and we look forward to working with her," said Lee Raymond, lead director of JPMorgan Chase.

James A. Bell, retired executive vice president of Boeing Co., and Laban P. Jackson, chairman and CEO of Clear Creek Properties Inc., have retired from the board, JPMorgan Chase said.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

May 19, 2020 13:04 ET (17:04 GMT)

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