On January 6, 2015, IBM announced that James J. Kavanaugh, vice president and controller, became senior vice president, transformation and operations, effective January 1, 2015. In addition, Stanley J. Sutula III became vice president and controller, effective January 1, 2015. Mr. Sutula, 49, was most recently the vice president and treasurer at IBM.

He has been an IBM executive for over 13 years. Simon Beaumont became vice president and treasurer, effective January 1, 2015.