Mark Loughridge (born December 19, 1953) is an American businessman who was IBM's Senior Vice President and

Chief Financial Officer The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...

, Finance and Enterprise Transformation. He stands as IBM's longest-tenured CFO after nearly 10 years in the role. He joined the company in 1977, where he started as a development engineer in the Office Products Division in

Lexington, KY Lexington is a city in Kentucky, United States that is the county seat of Fayette County. By population, it is the second-largest city in Kentucky and 57th-largest city in the United States. By land area, it is the country's 28th-largest ...

. He was also financial services manager for IBM's lab in

Hursley Hursley is a village and civil parish in Hampshire, England with a population of around 900 in 2011. It is located roughly midway between Romsey and Winchester on the A3090. Besides the village the parish includes the hamlets of Standon and ...

, England. He held a number of senior positions including Vice President and IBM Controller; Vice President of Finance and Planning for IBM Global Services; Vice President of Finance for Sales and Distribution; Vice President of Finance for the IBM Personal Systems Group, and Senior Vice President and General Manager of IBM Global Financing before being named CFO in May 2004. In July 2010, he also took on the Enterprise Transformation role to lead IBM's integration and transformation.

Education

He holds a

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

degree from the

University of Chicago Booth School of Business The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 N ...

, a bachelor's degree in

mechanical engineering Mechanical engineering is the study of physical machines that may involve force and movement. It is an engineering branch that combines engineering physics and mathematics principles with materials science, to design, analyze, manufacture, and ...

from

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...

and completed studies at Ecole Nationale Superieure de Mecanique in Nantes, France.

Awards

In 2010 and 2013, Loughridge was rated by the buy-side analysts as the top rated CFO in the IT Hardware Sector by Institutional Investor. In 2012, he was ranked the #1 CFO in America by the ''

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', and named the
Executive Dream Team
CFO by Fortune Magazine, and the
Best CFO
in the IT hardware category by Institutional Investor. In 2014, AdvisoryCloud ranked Mark Loughridge as the #1 CFO on ExecRank's Top Financial Executive List.2014 Top Chief Financial Officers https://www.advisorycloud.com/2014-rankings/top-chief-financial-officer-rankings

References

External links

Profile at Forbes

"IBM Corp." on Google Finance

Mark Loughridge bio on www.ibm.com
IBM employees Living people American computer businesspeople University of Chicago alumni University of Chicago Booth School of Business alumni Stanford University alumni American chief financial officers 1953 births {{US-business-bio-1950s-stub