ARMONK, N.Y., July 28, 2021 /PRNewswire/ -- Kyndryl, the new,
independent public company that will be created following the
separation of IBM's (NYSE: IBM) Managed Infrastructure Services
business, announced the appointment of David Wyshner as the company's Chief Financial
Officer.
"Kyndryl's goal is to apply the most modern and resilient IT
systems and talent to help customers realize their business
ambitions, and that starts with financial discipline and an
operating vision," said Martin
Schroeter, Kyndryl's chief executive officer.
"David Wyshner is an experienced
global leader with significant expertise in spin-offs and
acquisitions and in building a solid financial model for
growth. I am delighted David will direct our financial
strategy and investments to advance the vital systems that power
progress for our customers."
Mr. Wyshner comes to Kyndryl from XPO Logistics, where he led
the global finance organization for the Fortune 200 global
transportation and contract logistics company that manages supply
chains for 50,000 customers worldwide.
Earlier, as CFO of Wyndham Worldwide, Mr. Wyshner led the
company's separation into one privately acquired business and two
public companies, and spearheaded the acquisition of La Quinta
Holdings; after the spin-off, he served as CFO of Wyndham Hotels
& Resorts. He has also served as president and CFO of
Avis Budget Group. Mr. Wyshner holds a master's degree in
finance and accounting from the Wharton School of the University of Pennsylvania, and a bachelor's degree
in applied mathematics from Yale
University.
"I'm excited to be joining a new global company that will change
the technology services industry," Mr. Wyshner said. "I am
eager to put my experience in executing spin-offs to use to help
Kyndryl and its 90,000-person workforce be at the heart of progress
for our customers."
Kyndryl designs, runs and manages the technology infrastructure
for the world's most important businesses and organizations, with
the industry's most experienced services experts. Its
previously announced separation is expected to occur by the end of
2021. For more information, visit www.kyndryl.com
Contacts:
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IBM
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Edward Barbini,
914-494-7925
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barbini@us.ibm.com
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SOURCE IBM