New CA CEO named

William McCraken announced as John Swainson's successor

CA has named William McCracken, currently the company’s executive chairman, as its new CEO. McCracken will replace John Swainson, who has held the CEO role since 2004.

Like Swainson, McCracken was a longtime IBM executive before joining CA. He joined the CA board in 2005 and became non-executive chairman in 2007.

Swainson, who took the reins at CA after it has become embroiled in the accounting scandal that ultimately saw former CEO Sanjay Kumar jailed, last year announced that he would resign at the end of the year.

In addition to various roles at IBM, McCracken, who is 67, has been president of the Executive Consulting Group and a director of IKON Office Solutions.

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