Interesting news out of IBM to-day, Gary Cohn, the onetime No. 2 at Goldman Sachs who left the bank back in 2017 for a brief stint in the Trump Administration, is returning to the boardroom and the c-suite.

 

After launching a SPAC, Cohn is headed to IBM, where he will serve as vice chairman and a member of the executive leadership team.

From the press release.

 

"IBM today announced the appointment of Gary D. Cohn as Vice Chairman of IBM and member of the IBM Executive Leadership Team."

"Mr. Cohn will work in partnership with Mr. Krishna and the IBM Executive Leadership Team on a wide range of business initiatives and external engagement, in areas including business development, client services, public advocacy and client relationship management. "Gary is a globally respected leader with deep experience operating at the center of business and government," said Mr. Krishna. "As a senior representative of IBM, his knowledge of technology and business transformation, combined with policymaking expertise, will bring unique value to our clients and stakeholders as we accelerate our hybrid cloud and AI strategy."

 

"Mr. Cohn served as Assistant to the President for Economic Policy and Director of the National Economic Council from January 2017 until April 2018. Before serving in the White House, Mr. Cohn was President and Chief Operating Officer of The Goldman Sachs Group, Inc. from 2006-2016, and previously held a number of other leadership positions during 26 years with the company. Mr. Cohn is Co-Chairman of Cohn Robbins Holding Corp. (CRHC), a special-purpose acquisition company."

 

"He invests across the cybersecurity, blockchain infrastructure, regulatory technology and medical technology sectors. He serves on the boards of Abyrx, Gro Intelligence, Indago, Nanopay and Starling, and is the Chairman of the Board of Pallas Advisors. Additionally, Mr. Cohn serves on advisory boards for Hoyos Integrity and Spring Labs. He is a member of the Systemic Resolution Advisory Committee (SRAC) of the Federal Deposit Insurance Corporation (FDIC)."