IBM CEO Virginia Rometty’s Salary Gets Doubled

6:37 pm, February 3rd | by Hillary Reinsberg

New IBM CEO Virginia Rometty just got her salary doubled! But she’s not exactly making tens of millions.

Rometty, who took over as CEO at the start of 2012, just saw her salary take a jump from $800,000 to $1.5 million a year. With bonus factored in, last year she made $1.47 million. This year, she’s on track to make $3.5 million, Bloomberg Businessweek reports.

It’ll probably take her a few years to pull in as much as her predecessor was — former CEO Samuel Palmisano was getting paid $6.5 million.

Look: a $1.5 million base salary is huge, but it puts her somewhere around 400 down the list in terms of CEO pay. For a company as recognizable as IBM, it’s not certainly not exorbitant.

TAGS: ibm ceo salary | virginia rometty | virginia rometty salary

http://www.facebook.com/mreinertson Mark Reinertson

Guess they should outsource her job to save money and increase shareholder value. They could get 10 CEO’s for what they pay her.
IBMerInThe99

In IBM, the big income generator is not regular income, it is the stock options. Her total compensation far exceeds what you have reported.
Joab245

Might as well every job that can be done remote, just like Elvis has left the building. Shame on you IBM your increasing shareholder value but weakening the USA.

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