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IBM names Martin Schroeter as CEO of $19B NewCo services spinoff

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IBM Corp. has appointed Martin Schroeter, a former senior executive who left the company last year, to lead the $19 billion “NewCo” managed infrastructure services business it’s planning to spin off.  Schroeter will become chief executive officer of NewCo effective Jan. 15, according to an announcement today. IBM said in October that it will spin …

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