Kyndryl Holdings, Inc.

Kyndryl Holdings, Inc. announced the appointment of Ellen Johnson as its new Chief Financial Officer, effective August 6, 2026. Ms. Johnson, previously EVP and CFO of Interpublic Group, will succeed interim CFO Harsh Chugh. Concurrently, Andrew Bonzani was appointed General Counsel and Secretary, effective immediately, replacing interim GC Mark Ringes. Both new executives bring extensive experience from global public companies, with their compensation packages detailed, including base salaries, incentive opportunities, and long-term incentive awards.

Kyndryl Holdings, Inc. has filed its Definitive Proxy Statement for the 2026 Annual Meeting of Stockholders, scheduled to be held virtually on July 30, 2026. The meeting agenda includes the election of six director nominees, an advisory vote on executive compensation, the approval of an amended long-term performance plan, and the ratification of PricewaterhouseCoopers LLP as the independent auditor. The company is providing proxy materials primarily over the internet to reduce costs and expedite delivery.

Kyndryl Holdings, Inc. filed its annual 10-K report, detailing its business as a leading provider of mission-critical enterprise technology services globally. The company outlined its strategy, which centers on customer relationships, intellectual property, and a broad ecosystem of technology partners, driven by its "three-A" initiatives: Alliances, Advanced Delivery, and Accounts. The filing also included a comprehensive section on risk factors that could potentially impact its operations and financial results.

Kyndryl Holdings, Inc. reported mixed financial results for its fourth quarter and full fiscal year 2026, with full-year revenues flat at $15.1 billion and net income of $198 million. The company announced workforce rebalancing actions expected to incur $200 million in charges in Q1 FY27 but yield $400-500 million in annualized operating expense savings by FY28. Kyndryl also provided a fiscal year 2027 outlook, projecting adjusted pretax income of $600-700 million and free cash flow of $400-500 million, alongside continued growth in hyperscaler-related and Kyndryl Consult revenues.