IBM CEO's Pay Cut From $16M To $14M

Stefan Mileschin · 11th March 2014, 08:34

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.

http://www.hardocp.com/news/2014/03/...om_16m_to_14m/

11th March 2014, 08:34	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,597	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. http://www.hardocp.com/news/2014/03/...om_16m_to_14m/