Skip to main content

IBM pays CEO $15.4 million in her first year on the job



IBM awarded CEO Virginia Rometty a compensation package valued at $15.4 million during her first year running one of the world's biggest technology companies.AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year. It doesn't include changes in the present value of pension benefits, and sometimes differs from the totals that companies list in their proxy statements filed with regulators.
As with most CEOs, most of Rometty's 2012 pay consisted of long-term stock awards that could wind up being worth more or less than the $9.3 million listed in the initial disclosures.
Rometty succeeded Sam Palmisano at the beginning of last year and took on the added role of chairman in October. She's gotten off to a solid start, posting better-than-expected profit growth.

Comments

Popular posts from this blog

LG’s first flexible OLED phone due before the year is out

LG plans to launch a flexible OLED smartphone before the end of the year, the company’s VP of mobile has confirmed, though it’s unclear to what extent the work-in-progress handset will actually flex. The OLED panel in question is the handiwork of LG Display according to VP of LG mobile Yoon Bu-hyun, the WSJ  reports, with the proposed device set to launch sometime in Q4. LG Display’s work on flexible OLEDs has been underway for some time, though the company’s efforts have perhaps been overshadowed somewhat by rival Samsung’s YOUM development. Last year, according to a Korea Times report, LG Display was preparing for

Bing Apps for Windows 8 get major updates

Late least year, Microsoft rolled out a half dozen Bing Apps for Windows 8 users, each one focused on a specific category, such as travel and sports. The apps were designed to offer “immersive vertical experiences,” and now, about six months later, a big line of updates for them is being pushed out. Users can grab the updates now by heading into the Windows Store and selecting the updates notification.

How to fix black spot on Phone Screen!

An honest talk about how to fix the damaged Phone screens in a very short time.