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IBM Elects Frank Baker to its Board of Directors

What happened
Based on IBM Newsroom · Oct 01, 2026

IBM appoints Frank Baker to its board of directors, effective October 1, 2026, bringing private equity and technology investment expertise from Siris Capital Group.

IBM Elects Frank Baker to its Board of Directors
IBM Newsroom — IBM
Key points
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Frank Baker elected to IBM board effective October 1, 2026, as co-founder and managing partner of Siris Capital Group
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Siris Capital Group has deployed over $9 billion in equity capital across technology, telecommunications, and data-focused companies
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Baker previously served as managing director at Ripplewood Holdings and began career in mergers and acquisitions at Goldman Sachs
Key numbers
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Frank Baker oversees Siris Capital Group’s portfolio and leads its investment strategy, with responsibility for deploying over $9 billion in equity capital since the firm’s inception.

IBM announced the election of Frank Baker to its board of directors, effective October 1, 2026. Baker, 53, is a co-founder and managing partner of Siris Capital Group, a private equity firm specializing in technology, telecommunications, and data-focused companies. His appointment follows a career spanning roles at Ripplewood Holdings and Goldman Sachs, where he focused on mergers and acquisitions and investment strategy. IBM stated that Baker’s experience aligns with the company’s strategic priorities in technology and innovation.

Frank Baker oversees Siris Capital Group’s portfolio and leads its investment strategy, with responsibility for deploying over $9 billion in equity capital since the firm’s inception. His leadership has been credited with driving value creation in established technology companies navigating rapid industry changes. Prior to Siris, Baker served as a managing director at Ripplewood Holdings, where he contributed to investment decisions in technology sectors. His background includes early career experience in mergers and acquisitions at Goldman Sachs.

Baker is also active in philanthropy and education, currently serving as a trustee of the University of Chicago and as chairman of the Robert & Ethel Kennedy Human Rights Center. Additionally, he holds a position as a trustee of Deerfield Academy. His educational background includes an MBA from Harvard Business School and a BA in economics from the University of Chicago. Born and raised near Detroit, Michigan, Baker brings a diverse perspective to IBM’s board.

IBM’s board election of Frank Baker reflects the company’s focus on strengthening its governance with leaders experienced in technology and private equity. The appointment is effective immediately, adding Baker to a board that includes representatives from diverse industries and backgrounds. IBM did not disclose additional details about Baker’s role or responsibilities within the board beyond his election.

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