Gary Cohn, Former Trump Adviser, Joins IBM
06 January 2021 - 2:42AM
Dow Jones News
By Matt Grossman
International Business Machines Corp. appointed Gary D. Cohn, a
former Goldman Sachs executive and economic adviser to President
Trump, as its vice chairman and member of its executive leadership
team as the tech company tries to revive its fortunes.
Mr. Cohn will work on business development, public advocacy,
client services and client-relationship management, IBM said.
Mr. Cohn served as director of the National Economic Council
from Mr. Trump's inauguration until April 2018. He was president
and chief operating officer for Goldman Sachs Group Inc. from 2006
until 2016.
He is also co-chairman of Cohn Robbins Holdings Corp., a
blank-check company that launched an initial public offering in
September. Blank-check companies, which enjoyed a banner year in
2020, have no business operations, but raise funds with the goal of
merging with a private company to make the target company publicly
traded.
"My commitment to Cohn Robbins Holdings Corp. is unwavering,"
Mr. Cohn said in a Twitter message Tuesday morning.
In March 2018, Mr. Cohn said he would resign from his White
House job shortly after Mr. Trump announced steel and aluminum
tariffs that Mr. Cohn had opposed. Mr. Cohn had also criticized the
president's response to violence in Charlottesville, Va., in the
summer of 2017, but later that year played a key role in overseeing
tax policy changes that Mr. Trump championed.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
January 05, 2021 10:27 ET (15:27 GMT)
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