IBM Elects Frank Baker to Board; Increases Board Size to 14

What Happened

• International Business Machines Corp. (IBM) announced on October 1, 2026 that Frank Baker, Co‑founder and Managing Partner of Siris Capital Group, LLC, was elected to IBM’s Board of Directors, effective October 1, 2026. Mr. Baker joined the Directors and Corporate Governance Committee.
• In connection with his election, IBM amended Article III, Section 2 of its bylaws to increase the total number of directors to fourteen, effective October 1, 2026. The company noted director compensation is described in its Proxy Statement dated March 10, 2026.

Key Details

• Election date: October 1, 2026; Frank Baker joins the Board and the Directors and Corporate Governance Committee.
• Bylaw amendment: Article III, Section 2 amended to raise board size to 14, effective October 1, 2026.
• Disclosure: Press release announcing the appointment is filed as Exhibit 99.1; amended bylaws are filed as Exhibit 3.2 in the 8‑K.

Why It Matters

• A new board member and an increased board size are governance changes investors should note because they affect board composition and committee membership. The filing is procedural and does not report operational or financial results, but it updates who will participate in oversight and governance decisions. Investors tracking IBM’s board makeup, governance practices, or potential strategic direction may want to review the Proxy Statement and the company’s investor materials for additional context.