IBM loses 3 executives in December

Three top executives stepped down from their positions with IBM in December, reports CIO.

Last month, Steve Mills, executive vice president of IBM Software and Systems; Danny Sabbah, chief technology officer for the cloud and Brendan Hannigan, general manager of IBM Security, left the technology company.

Mr. Mills spent 43 years with the company before retiring last month, according to the report. Mr. Sabbah spent 30 years with the company, and Mr. Hannigan was with IBM for four years.

Analysts suggest the triple departure may be indicative of new, big plans.

"Keep an eye on these three," Rob Enderle, principal analyst with Enderle Group, told CIO. "The fact they left together suggests they have something else they want to do together, and given their powerful skillset, that 'something' could be really interesting."

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