IBM CEO Lays Out New Initiatives in Cloud, AI

As he addresses the need for growth, Mr. Krishna must drive into the headwinds of a global economic crisis triggered by the coronavirus pandemic. "I think I'm a realist in terms of where we are headed," Mr. Krishna said Monday in an interview with reporters from the Journal. On April 20, he withdrew the company's annual earnings guidance, announced a decline in first-quarter sales, and took a restructuring charge, citing the coronavirus crisis. Nonetheless, Mr. Krishna remains positive overall. "I do fundamentally believe in the power of technology to change the way we live for the better."