IBM Elects Siris Capital Co-Founder Frank Baker To Board Of Directors

IBM has elected Frank Baker to its Board of Directors, effective October 1, 2026, adding a technology-focused private equity executive to the company’s board.

Baker, 53, is co-founder and Managing Partner of Siris Capital Group.

Siris has deployed more than $9 billion of equity capital since its founding across technology, telecommunications and data-focused companies.

Baker oversees the firm’s portfolio and leads its investment strategy, with a focus on established technology companies operating mission-critical products and services while navigating technological change.

Before co-founding Siris, Baker was a Managing Director at Ripplewood Holdings.

He began his career in mergers and acquisitions at Goldman Sachs.

Baker also serves as a trustee of the University of Chicago, Chairman of the Board of the Robert & Ethel Kennedy Human Rights Center, and a trustee of Deerfield Academy.

Born and raised near Detroit, Baker holds an MBA from Harvard Business School and a bachelor’s degree in economics from the University of Chicago.

KEY QUOTES:

“We are excited to welcome Frank Baker to our Board of Directors. I look forward to the perspective and insight Frank will bring as we advance our long-term vision and drive enterprise-wide transformation through technology both for our clients and across IBM. His deep expertise, proven leadership, and strategy-driven mindset will strengthen our business and further deliver significant value to our shareholders.”

Arvind Krishna, Chairman, President and CEO of IBM