IBM Appoints Frank Baker to Board Effective October 2026

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IBM has appointed Frank Baker to its board, effective October 1, 2026. Baker, 53, co-founded Siris Capital Group, where he focuses on creating value in established technology companies. His experience includes leadership roles at Ripplewood and Goldman Sachs. IBM CEO Arvind Krishna praised Baker’s strategic thinking and leadership. Baker’s approach to risk-to-reward dynamics aligns with IBM’s long-term objectives. He currently serves on the boards of the University of Chicago and others. His expertise in support and resistance dynamics in enterprise transformation is expected to drive growth.
CoinDesk reports:

Armonk, New York, October 1 /PRNewswire/ — The IBM (NYSE: IBM) Board of Directors has elected Frank Baker to the Board, effective October 1, 2026.

Frank Baker, aged 53, is a co-founder and managing partner of Siris Capital Group, LLC (“Siris”), a leading private equity firm that has deployed over $9 billion in equity capital across technology, telecommunications, and data-related companies since its inception.

Arvind Krishna, Chairman, President, and CEO of IBM, said: “We are delighted to welcome Frank Baker to our board. I look forward to Frank’s perspective and insights as we advance our long-term vision and drive enterprise-wide transformation through technology. His deep expertise, proven leadership, and strategic mindset will strengthen our business and further create significant value for shareholders.”

Baker oversees Siris’s portfolio and leads its investment strategy, driving value creation in established technology companies that offer mission-critical products and services and are undergoing technological transformation. His leadership and passion for growth have been essential factors in the company’s success.

Before joining Siris, he served as a managing director at Ripplewood Holdings and began his career in mergers and acquisitions at Goldman Sachs. He currently serves as a trustee of the University of Chicago, chairman of the board of the Robert and Ethel Kennedy Center for Human Rights, and a trustee of Deerfield Academy.

Baker was born and raised near Detroit, Michigan, and holds an MBA from Harvard Business School and a bachelor’s degree in economics from the University of Chicago.

Contact Information:

Erin McElwee

347-920-6825

[email protected]

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