IBM to replace Troughton as NZ MD

New country manager to be appointed — likely internally

Katrina Troughton, IBM's New Zealand country manager, is moving to a new position based in Shanghai as director of WebSphere in IBM's growth markets unit. An IBM spokesperson says her replacement is likely to be an internal appointment.

IBM's New Zealand's revenue for the year ended December 2007 was $381.5 million, up from the previous year's $357.6 million. However, profit fell from $20.1 million to $16.8 million

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