Mark Loughridge was named IBM Senior Vice President and Chief Financial Officer in May 2004. He is a member of IBM's Performance Team and Corporate Operations Team. Mr. Loughridge was previously Senior Vice President and General Manager, Global Financing, where he led the world's largest information technology financing and asset management organization. Prior to that role, Mr. Loughridge served as Vice President and IBM Controller; Vice President of Finance and Planning for IBM Global Services; Vice President of Finance for Sales and Distribution; and Vice President of Finance for the IBM Personal Systems Group. Since joining IBM in 1977 as a development engineer, Mr. Loughridge has held various management positions in finance, strategic planning and engineering including manager of financial services for IBM's lab in Hursley, England. Mr. Loughridge earned a master's degree in business administration with a concentration in finance and operations from the University of Chicago, and a bachelor's degree in mechanical engineering from Stanford University. He also completed studies at Ecole Nationale Superieure de Mecanique in Nantes, France.