1. Big and Blue: IBM Boss's Wage Package Shrinks in 2018 on Her Own Recommendation

    Big and Blue: IBM Boss's Wage Package Shrinks in 2018 on Her Own Recommendation

    IBM's head honcho Ginni Rometty was paid $16.45m for running the company last year though this was dramatically lower than it could have been – the exec herself downgraded her final incentive score and the board agreed. According to a 2019 Notice of Annual Meeting & Proxy Statement this week filed with the Securities and Exchange Commission, IBM’s CEO, president and chairman could have made roughly 15 per cent more than she did...

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    1. For 2018 performance, the board approved an annual incentive payment of $4.05m, which represented 81 per cent of Mrs Rometty's target opportunity and was in line with the company incentive score.
    2. IBM's security practices provides that the chairman and CEO be driven to and from work by IBM personnel in a car leased by IBM or by an authorised car service.
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