Another C-Suite Executive abandons ship.
https://modernconsensus.com/people/exclusive-stanley-yong-ibm-cto-departs-big-blue/
8 replies (most recent on top)
he did not resign. he was fired from world wire. he was bad news from day 1 and IBM is better off under the new world wire CTO...
perhaps he is going to an associated company to further the IBM/Stellar/WorldWire association.
Stanley’s departure from the company represents a big blow to the Stellar partnership raising high
concerns that the future of World Wire might have come to an end.
R.I.P. IBM World Wire, we hardly knew ye.
Is Stellar (XLM)’s Partnership with IBM Dead in the Water Now? --
https://www.tronweekly.com/stellar-ibm-partnership-might-end-as-jesse-lund-departs/
There’s one CMO for each BU and the dotted line to Michelle pelluso. I fully expect the same for CTOs. Just look at his title. He wasn’t anyone really huge or on the executive page ( google ibm execs and look at newsroom page on ibm).
I have no idea why everyone is making such a big deal out of one lower level VP leaving other than he’s related to blockchain. He didn’t run blockchain for all of IBM.
Googling "IBM CTO" lists at least several "CTO for XYZ" ... so how many CTOs does IBM have? 5? 10? 20? 50?
Maybe they should do the same with the CEO position. They could have CEO for Chasing Obsolete Buzzwords, CEO for Workforce Reductions, CEO for Demoralization, CEO for Money Squandering, etc.
Oh and maybe Ginni could be paid in Stellar cryptocoins with a stipulation that she can't spend them for four years.
Need to buy your way into cryptocurrency legitimacy quickly. We here at Lund, Yong, and McCaleb have all of the Stellar tools you may need. “largest fraud ever” don’t worry, as no one has ever served time. Hell of a vetting job Ginni hell of a job. It’s not like IBM’s reputation is on the line, and they are struggling to bring credibility to the world wide banking system. IBM board are you required to read and sign the BCG too? If so, it might be time for a remedial class when it comes to Ginni’s work ethics. She doesn’t seem to understand that her job is to keep IBM out of court rather than defending IBM’s questionable behavior in court (Missouri, Iowa, Indiana, MD Anderson, Texas, Maryland, Louisiana etc etc)
Does this read like IBM doesn’t know what their Exec’s are doing? Oh that Ginni. Always trying to save a buck hiring younger and cheaper IBM board Do you have board insurance for mismanagement. I think you are going to need it.
He overstayed.
The average tenure of a CTO is about 30 months.
Next, please...