Business

Gary Cohn joins IBM as vice chairman

Gary Cohn, the former Goldman Sachs president and economic advisor to President Donald Trump, is joining IBM as its vice chairman.

Cohn announced the move in a tweet Tuesday morning in which he said he was “honored” to be joining the company’s board.

IBM shares traded up about 0.6% following the news.

CNBC’s Jim Cramer said the announcement is “an exciting move for IBM. Gary can be a change agent.”

This is breaking news. Please check back for updates.

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