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SCHEDULE 14A INFORMATION

 

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Carlos Ghosn Resigns from IBM Board of Directors

 

ARMONK, N.Y. — April 1, 2005 — IBM today announced that Carlos Ghosn, Co-Chairman, President and Chief Executive Officer of Nissan Motor Company, Ltd., has resigned from the IBM Board of Directors, effective April 1, 2005.  Mr. Ghosn informed the IBM Board that he is making this decision in light of his broadening responsibilities in May, when he also becomes President and Chief Executive Officer of Renault S.A.  Mr. Ghosn became an IBM director in March 2004.

 

With Mr. Ghosn’s resignation, there are now 12 director nominees for election at IBM’s 2005 Annual Meeting on April 26, 2005.  The proxy cards released with the 2005 proxy statement remain effective and the shares represented by those proxy cards will be voted in accordance with stockholders’ instructions with respect to these 12 nominees.

 

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