IBM CEO's Pay Cut From $16M To $14M
How will she ever get by on just $14 million? Won't somebody please think of the children of this poor CEO struggling to get by in this economy. International Business Machine Corp Chief Executive Virginia Rometty was paid $13.97 million in 2013, down from $16.2 million she took home in 2012, according to documents filed with the SEC on Monday. Rometty's base pay was unchanged at $1.5 million, but cash bonus under IBM's annual performance-based incentive program was cut to zero from $3.9 million last year, due to a decline in revenue and related cash flow in 2013.
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