Rometty Joins Augusta: Reports
By Torleif Sorenson on 11/20/14
According to several reports, including one by ESPN's Bob Harig, IBM Chief Executive Officer Virginia Rometty has become the third female member of Augusta National Golf Club.
Neither IBM nor the club have officially confirmed the move, but given her status and position as a captain of industry, this is not completely unexpected. In fact, some golf writers predicted Rometty joining ANGC even before the club announced that former U.S. Secretary of State Dr. Condoleeza Rice and investment firm chief Darla Moore had accepted invitations to join.
Several sources indicate that Rometty is not necessarily a deep golf enthusiast; she reportedly carries a USGA index of 35.4 at two clubs, Golf Club of Purchase (near IBM headquarters outside NYC) and Shadow Wood CC in Florida.
Rometty continues the long-standing practice of Augusta National having the CEO of IBM as a member. She graduated with honors from Northwestern University in 1979 with an B.S. in computer science and electrical engineering. After a two-year stint at General Motors, Rometty joined IBM as a systems engineer and helped drive the company's involvement in cloud computing and business analytics.
Several magazines have included Rometty in their various lists of important and influential people in business. For example, Forbes magazine ranked her 10th on their list of the "World's 100 Most Powerful Women" earlier this year. She became IBM's CEO in 2011, succeeding Sam Palmisano. His description of Rometty's ascension to that post is pretty typical of her career:
"Ginni got it because she deserved it... It’s got zero to do with progressive social policies."As it should be.
For decades, countless thousands of business owners, executives, and managers often use golf as a vehicle to explore and pursue new opportunities and agreements. So now, Rometty has the opportunity to do the same as a member of a highly desirable and oft-coveted private club.
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[ comments ]
She is quite the golfer. Ginny Rometty last recorded a score to her handicap in July, 2013. Her lowest score was 105 and her highest 144. 144!! - that must have been a pleasure playing in the group behind her.
Of course, maybe she is a sandbagger. Loads up her handicap with high scores, takes lots of lessons while not recording her "practice" rounds. She is ready to trim those geezers down in Georgia. Hey fella's, better hang on to your wallets.
Hopefully for the shareholders of IBM she doesn't become a golf enthusiast.
Sounds like its time to short IBM lol.
"Lee Biggerstaff of the department of finance at Miami University" giggle giggle
Matt F says:
So a rich person joined Augusta...BFD. If it was a male it wouldn't be news.
Falcon. He's probably pretty good with finances. How else would they be able to pay their football players so much?
He should have picked a father with a more ordinary name. I'll bet he caught a lot of grief in high school gym. "Hey Biggerstaff, what happened?"
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