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IBM CFO Loughridge to Retire at End of Year

Computing giant IBM said that CFO Mark Loughridge will retire from the company on Dec. 31. Martin Schroeter, General Manager of IBM Global Financing, will replace him. IBM made the announcement in a regulatory filing. IBM shares fell more than two dollars – more than one percent – to $177.50 in after-hours trading following the filing.

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This entry was posted on March 14, 2014 by in Martin Schroeter and tagged , , , , , , , , , .
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