IBM has replaced Robert Moffat, the executive charged in the Galleon Group insider-trading case, Bloomberg News reported.
Rod Adkins will take Moffat's spot as head of the mainframe, server and storage-device businesses, IBM spokesman Edward Barbini told Bloomberg. He declined to comment further on Moffat's departure.
Moffat's 31-year career with IBM included running the New York company's personal-computer division in Research Triangle Park earlier this decide. He also helped sell that unit to Lenovo.
Moffat, 53, was put on temporary leave on Oct. 19. He previously was considered a potential successor to CEO Sam Palmisano. Moffat's lawyer has said that he wasn't aware of the insider trading mentioned in the criminal complaint, nor did he financially benefit from the alleged activity.
Adkins, 51, has been at IBM since 1981.
Read the full Bloomberg story here.