Kyndryl Uses Agentic AI to Accelerate Enterprise Modernization with AWS

(NYSE:KD) Kyndryl announced an integrated agentic modernization solution with Amazon Web Services (AWS) that combines Kyndryl Agentic Modernization services-as-software with AWS Transform. The solution is designed to help customers rapidly modernize applications, reduce transformation risk, and establish AI-ready technology foundations. Kyndryl's services-as-software capability, AI-enabled workflows, and engineering expertise are combined with AWS Transform to assist organizations in assessing, planning, and executing modernization initiatives at scale. The approach enables customers to modernize applications, infrastructure, and core systems faster, with greater consistency and lower transformation risk. Shawn D'Souza, Global Modernization Leader at Kyndryl, stated that organizations capable of continuous modernization will be better positioned to adopt AI, adapt to change, and create long-term value. According to Kyndryl's first global modernization report, nearly 50% of respondents said they are behind schedule on their modernization goals. Early adopters that have deployed agentic AI in production for modernization reported stronger outcomes, with 67% saying they are ahead of or on track with modernization goals, compared with 51% of other organizations. The solution allows joint customers to accelerate modernization projects by establishing a continuous approach, build resilient and AI-ready architectures, and reduce technical debt while improving operational efficiency. Kyndryl's services-as-software capability is delivered through software-driven automation, intelligence, and scalable digital workflows, built using the Kyndryl Agentic Framework and scaled through Kyndryl Bridge. This enables companies to execute complex modernization programs in compressed timelines and at lower cost by scaling pre-built agentic workflows. Customers gain access to Kyndryl's expertise across cloud, security, compliance, FinOps, and mission-critical technology operations. As a launch partner for AWS Transform, Kyndryl has worked with AWS to help customers move beyond project-based modernization to a scalable, repeatable approach for evolving technology environments.

KYNDRYL GRANTS INDUCEMENT EQUITY AWARDS TO NEW CHIEF FINANCIAL OFFICER AND GENERAL COUNSEL AND SECRETARY PURSUANT TO NYSE RULE 303A.08

(NYSE: KD) Kyndryl announced the granting of equity awards to Ellen Johnson, as Chief Financial Officer, and Andrew Bonzani, as General Counsel and Secretary, as a material inducement to their acceptance of employment with Kyndryl. The equity awards to Johnson consist of grants of 248,514 performance stock units ("PSUs") (at target; a maximum of 180% target may be earned for maximum performance), 121,248 restricted stock units ("RSUs"), and 115,474 special sign-on RSUs ("RRSUs"). The equity awards to Bonzani consist of grants of 138,063 PSUs (at target; a maximum of 180% target may be earned for maximum performance), 67,360 RSUs, and 96,228 special sign-on RRSUs. The inducement equity awards were granted pursuant to the Kyndryl 2026 Employment Inducement Equity Incentive Plan adopted by the Board of Directors. Award terms under this inducement equity incentive plan are generally consistent with award terms under the Amended and Restated Kyndryl 2021 Long-Term Performance Plan. Kyndryl is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries.

Kyndryl announces agreement to purchase Healthcare IT Leaders, LLC, to accelerate AI-led modernization

(NYSE: KD) Kyndryl announced its intent to acquire Healthcare IT Leaders, LLC, an enterprise IT services provider for hospitals and health systems. The acquisition will enable Kyndryl to more effectively address growing customer demand for its AI‑led business modernization across healthcare providers and payors by leveraging Healthcare IT Leaders' healthcare consulting and application managed services expertise. Kyndryl already supports a broad set of healthcare organizations by running large-scale, highly regulated IT environments across the U.S. The addition of Healthcare IT Leaders' business will deepen Kyndryl's relationships with leading national healthcare systems and expand Kyndryl's access to the application and consulting layer of those environments. The transaction is expected to be completed during the second quarter of Kyndryl's fiscal year 2027, subject to customary closing conditions and regulatory review. Kyndryl offers advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries.

Arizona Counties and Kyndryl Strengthen Community Re‑entry Services

(NYSE: KD) Kyndryl announced its role in supporting a growing, multi-county initiative in Arizona focused on reducing recidivism by helping formerly incarcerated individuals successfully reintegrate into mainstream society. Yavapai County serves as the flagship implementation, having deployed a modern, multi-jurisdiction re-entry platform with support from Kyndryl Consult. Systems in Mohave and Navajo counties are expected to go live in the coming months. Pinal and Coconino counties have also committed to the initiative. Kyndryl is supporting the design and deployment of solutions that help centralize and automate key re-entry processes, including intake screenings, referrals, document sharing and outcome tracking. The company offers advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. Kyndryl is described as the world's largest IT infrastructure services provider.

Kyndryl Announces Ellen Johnson as Incoming Chief Financial Officer and Andrew Bonzani as General Counsel and Secretary

(NYSE: KD) Kyndryl announced the appointments of Ellen Johnson as incoming Chief Financial Officer and Andrew Bonzani as General Counsel and Secretary. Johnson will join Kyndryl on July 20 and assume the role of Chief Financial Officer on August 6. She most recently served from 2020 to 2025 as Executive Vice President and Chief Financial Officer of IPG, and has held senior finance leadership positions at IPG since joining in 2000. Harsh Chugh will continue as Interim Chief Financial Officer through August 5, when Kyndryl plans to file its first-quarter 2027 earnings report and Form 10-Q. Bonzani's appointment is effective immediately, and he served as Senior Vice President, General Counsel and Secretary at IPG since 2012, most recently as Executive Vice President and General Counsel from 2021 to 2025. Kyndryl offers advisory, implementation and managed services to thousands of customers in more than 60 countries. The company describes itself as the world's largest IT infrastructure services provider.

Kyndryl Report: AI Adoption Accelerates as Workforce Readiness Becomes the ROI Difference Maker

(NYSE: KD) Kyndryl announced the release of its second annual People Readiness Report, a global study of 1,100 senior business and technology leaders across eight countries, revealing that only 23% of organizations think their workforces are fully ready for AI, a six-point drop from last year. The report states that 57% say AI is embedded in core business processes or deployed broadly across the enterprise, compared to 35% last year. Only 32% have achieved at least one of their top two AI goals, and just 11% have achieved both. The study identifies a Pacesetters group, representing 9% of organizations, that have redesigned roles around AI, implemented change management, and built workforce readiness. Worldwide spending on AI is forecast to total $2.52 trillion in 2026, a 44% increase year-over-year, according to Gartner®, Inc. 81% of organizations expect AI agents to make impactful decisions for their organizations within the next year, but today just 25% completely trust AI systems operating without human oversight. The company projects that organizations with stronger governance and workforce readiness are significantly more likely to report transformative outcomes from their AI investments.

Kuehn Law Encourages Investors of Kyndryl Holdings, Inc. to Contact Law Firm

(NYSE:KD) Kuehn Law, PLLC announced it is investigating whether certain officers and directors of Kyndryl Holdings, Inc. breached their fiduciary duties to shareholders. The investigation is based on allegations in a federal securities lawsuit that Kyndryl Holdings misrepresented or failed to disclose systematic manipulation of the Company's free cash flow metrics through the deliberate postponement of vendor payments from one fiscal quarter to the next. The lawsuit further alleges that Kyndryl falsely represented its reported free cash flow metrics as indicative of the quality and long-term sustainability of its earnings and revenue growth, when such cash generation was contingent upon undisclosed and inherently unsustainable cash management practices. It is also claimed that the Company's procedures governing financial disclosures, accounting methodologies, and internal controls over financial reporting were materially inadequate and deficient. The press release states that by reason of the foregoing, Kyndryl's business operations, financial condition, and prospects for achieving profitable growth were materially worse than had been publicly represented to investors. Shareholders who purchased KD prior to August 1, 2024 are encouraged to contact Justin Kuehn, Esq. at Kuehn Law, PLLC. Kuehn Law pays all case costs and does not charge its investor clients.

Broadridge and Kyndryl Extend Agreement to Bring Leading Edge Resiliency and Enhanced AI Capabilities to Broadridge Infrastructure

Kyndryl (NYSE:KD) and Broadridge Financial Solutions, Inc. (NYSE:BR) announced an extension of their longstanding relationship to strengthen core platforms and integrate AI-enabled operations with quantum-safe capabilities. The expanded agreement will leverage Kyndryl Bridge and the Kyndryl Agentic AI Framework to support Broadridge's strategy for democratizing and digitizing investing, simplifying trading, and modernizing wealth management. Kyndryl will invest in modernizing Broadridge's data center, network architecture, and core mainframe environment, including a strategic refresh to a next-generation, quantum-safe platform. The transformation will incorporate AI-enabled capabilities for more intelligent operations, faster issue resolution, and reduced technical complexity. Broadridge's platforms support clients across all global financial services, emphasizing resiliency and trust. The collaboration aims to strengthen the resiliency, availability, and future readiness of critical platforms for Broadridge clients. Broadridge processes and generates over 7 billion communications annually and underpins the daily average trading of over $15 trillion in tokenized and traditional securities globally.

Kyndryl Unveils Agentic AI Capability That Proactively Prevents IT Outages and Accelerates Recovery for Enterprise Customers

Kyndryl (NYSE:KD) announced the launch of a new patented capability in its AI-powered Kyndryl Bridge platform, enabling customers to automatically detect and resolve IT risks before they escalate into outages. The prediction and prevention feature is now deployed and provides AI agent-assisted support to over 1,400 customers, analyzing more than 200,000 customer devices and generating over 16 million AI insights each month. The platform has demonstrated a reduction in IT incidents by up to 50% and drives an aggregate $3 billion in annual customer savings. For certain customers, it has shown upwards of a 90% reduction in mission-critical production outages. This development is significant for investors as it highlights Kyndryl's innovation, customer impact, and potential for continued growth in enterprise technology services.