Mark Loughridge
Mark Loughridge | |
|---|---|
| Born | December 19, 1953 |
| Nationality | American |
| Occupation | Business executive |
| Known for | Senior Vice President and Chief Financial Officer at IBM |
Mark Loughridge (born December 19, 1953) is a prominent American executive who held the position of Senior Vice President and Chief Financial Officer at IBM. He is recognized as IBM's longest-serving CFO, maintaining the position for close to a decade.
Loughridge began his career at IBM in 1977 as a development engineer within the Office Products Division based in Lexington, KY. Over time, he progressed through several significant finance leadership roles, including financial services manager at IBM's Hursley laboratory in England; 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. He was named CFO in May 2004 and later took on additional duties overseeing Enterprise Transformation in July 2010, spearheading IBM's integration and transformation efforts.
In 2012, Loughridge joined the board of The Vanguard Group and was appointed chairman in July 2024.
Education
He earned an MBA from the University of Chicago Booth School of Business, holds a bachelor's degree in mechanical engineering from Stanford University, and completed academic studies at Ecole Nationale Superieure de Mecanique in Nantes, France.
Awards
Loughridge was honored as the leading CFO in the IT Hardware Sector by Institutional Investor analysts in both 2010 and 2013. In 2012, he achieved the distinction of being named the top CFO in America by the Wall Street Journal, was included in Fortune Magazine's "Executive Dream Team" as CFO, and received recognition as the "Best CFO" in IT hardware from Institutional Investor.