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Andrew N. Liveris Elected to IBM Board of Directors

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The chief executive officer of The Dow Chemical Company has strong ties in Asia.

The IBM Board of Directors has elected Andrew N. Liveris to sit on the board. Liveris, 55, is chairman, president and chief executive officer of The Dow Chemical Company, a diversified global chemical company.

Samuel J. Palmisano, IBM chairman, president and chief executive officer, said: "We are very pleased that Andrew Liveris will be joining the IBM Board of Directors. Andrew has great experience in the Asian markets and in running complex, global enterprises, and his knowledge and insights will make a significant contribution to IBM. Just like IBM, he is leading his company through a transformation into a knowledge enterprise."

Andrew.LiverisLiveris became chief executive officer of The Dow Chemical Company in 2004, and has spent 33 years at Dow in manufacturing, engineering, sales, marketing, and business and general management, with responsibility for all of Dow’s businesses. He has spent the majority of his career in Asia, where he rose to head all of Dow's Asia-Pacific operations. He has been Dow's chairman of the board since April 2006.

A native of Darwin, Australia, Liveris received his B.S. degree in chemical engineering from the University of Queensland, receiving a university medal. He is also a director of Citigroup, Inc., and he serves as a trustee of the Herbert H. and Grace A. Dow Foundation and of Tufts University. He is chairman of the U.S.-China Business Council, vice chairman of the Business Roundtable, and a member of the Executive Committee of The Business Council. He is also a member of the U.S.-India CEO Forum, the United States Climate Action Partnership, the National Petroleum Council and a board member of the Peterson Institute for International Economics. He is a chartered engineer and a Fellow of The Institute of Chemical Engineers.

With the election of Liveris, the IBM Board now has 14 members.

IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service.

For more information, visit: www.ibm.com.

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