Kyndryl Appoints New Chief Information Officer and Announces Key Practice Leadership Transitions

Rhea-AI Summary

Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has appointed Kim Basile as its new Chief Information Officer (CIO), succeeding Michael Bradshaw. Bradshaw will now lead the company's Applications, Data and AI practice, while Nicolas Sekkaki has been named Practice Leader for Kyndryl's Cloud practice. Basile will focus on advancing the company's technology foundation, enhancing employee experience, and leveraging her extensive expertise in cybersecurity. Bradshaw aims to modernize customer technology environments and implement AI, while Sekkaki will drive digital transformation in cloud services.

Positive

• Appointment of Kim Basile as CIO, who has deep expertise in cybersecurity, risk mitigation, compliance, and business resiliency.
• Michael Bradshaw's shift to lead the Applications, Data and AI practice, leveraging his previous CIO experience.
• Nicolas Sekkaki's appointment as Cloud practice leader, expected to drive digital transformation and modernization journeys.

Negative

• Potential concerns about continuity and experience gaps due to leadership transitions.

NEW YORK, July 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the appointment of a new Chief Information Officer (CIO) and leadership changes in two of its major practices, Applications, Data and AI and Cloud. 

Kim Basile has been named Kyndryl's new CIO, succeeding Michael Bradshaw, who is assuming leadership of the company's Applications, Data and AI practice. Additionally, Nicolas Sekkaki has been named the Practice Leader for Kyndryl's Cloud practice. 

"I am pleased to announce Kim as our new Chief Information Officer," said Martin Schroeter, Chairman and CEO. "Kim has been a vital leader in Kyndryl's digital transformation, which makes for a smooth transition to CIO. She has deep expertise in cyber security, risk mitigation, compliance and business resiliency, which makes her an ideal candidate for this role."

"After successfully leading our ambitious technology transformation, I am thrilled that Michael will apply his experience and insight in applications, data and AI to support our customers," continued Schroeter. "His relentless focus on achieving results and his deep expertise make him the ideal leader for this role."  

"I am also excited that Nicolas will be leading our Cloud practice," Schroeter added. "He will use his deep industry, data and AI expertise to drive our largest practice and enable our customers' digital transformations and modernization journeys in cloud."

As Kyndryl's new CIO, Kim will be responsible for building upon the technology foundation that Kyndryl's CIO team has developed over the past two years. She will also focus on driving continuous improvement and enhancing the employee experience. Kim's career experience includes positions of increasing responsibility at Lockheed Martin, Leidos and Vanguard, prior to joining Kyndryl.

In his role as Senior Vice President and Global Practice Leader for Applications, Data and AI, Michael will work in close partnership with Kyndryl Consult, our strategic alliance partners and our other practices, to prioritize and focus on helping customers modernize their complex technology environments and implement AI. He most recently served as Kyndryl's Chief Information Officer and prior to that held senior leadership positions at NBCUniversal Media, Lockheed Martin and IBM.

As Senior Vice President and Global Practice Leader for Cloud, Nicolas will help support Kyndryl's customers as they seize opportunities to modernize and transform with Cloud. He most recently served as Kyndryl's Global Practice Leader for Applications, Data and AI. Prior to Kyndryl, he held several leadership roles at CMA CGM, IBM and SAP.

"Each of these appointments align well with our strategy, market demand and secular trends. They will help us accelerate our growth and support our customers now and for the long-term," Schroeter concluded.

For more information, visit: www.kyndryl.com

ABOUT KYNDRYL

Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.  

CONTACT: Press@kyndryl.com.

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SOURCE Kyndryl

FAQ

Who is the new CIO of Kyndryl as of July 2024?

Kim Basile has been appointed as the new CIO of Kyndryl, effective July 2, 2024.

What major leadership changes did Kyndryl announce in July 2024?

Kyndryl announced the appointment of Kim Basile as CIO, Michael Bradshaw as leader of the Applications, Data and AI practice, and Nicolas Sekkaki as leader of the Cloud practice.

What are the responsibilities of Kyndryl's new CIO, Kim Basile?

Kim Basile will focus on building upon Kyndryl's technology foundation, driving continuous improvement, and enhancing the employee experience.

How might the appointment of Kim Basile as CIO affect Kyndryl's stock (KD)?

The appointment of Kim Basile as CIO is expected to strengthen Kyndryl's cybersecurity and business resiliency, which could positively impact investor confidence in KD stock.

What experience does Michael Bradshaw bring to his new role leading Kyndryl's Applications, Data and AI practice?

Michael Bradshaw has extensive experience in technology transformation, previously serving as Kyndryl's CIO and holding senior leadership positions at NBCUniversal Media, Lockheed Martin, and IBM.

What is Nicolas Sekkaki's role in Kyndryl as announced in July 2024?

Nicolas Sekkaki has been named Senior Vice President and Global Practice Leader for Kyndryl's Cloud practice.