IBM elects Siris co-founder Frank Baker to board; directors increased to 14

INTERNATIONAL BUSINESS MACHINES CORP

Frank Baker, 53, co-founder and Managing Partner of Siris Capital Group, elected to IBM's board effective October 1, 2026.
Baker joins the Directors and Corporate Governance Committee; Siris has deployed more than $9 billion of equity capital since inception.
IBM amended Article III, Section 2 of its By-laws to raise the board size to fourteen directors, effective October 1, 2026.
Baker previously was a Managing Director at Ripplewood Holdings and began his career in M&A at Goldman Sachs; he holds an MBA from Harvard Business School.
CEO Arvind Krishna cited Baker's expertise and strategy-driven mindset in advancing IBM's enterprise-wide transformation.

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