Updated Mar. 12, 2013 at 10:16 p.m.

Premium Lock IBM's top 2 execs earn more than $38M in 2012

Published: 2013-03-11 16:48:00
Updated: 2013-03-12 22:16:24

Virginia Rometty and Sam Palmisano Virginia Rometty and Sam Palmisano on cover of the IBM annual report. Image 1 of 2 · Next Image…
Tags: IBM

Chairman, Chief Executive Officer Ginni Rometty, who took the CEO job in January 2012, earned $16.2 million in compensation last year, including $9.26 million in stock awards. Retired Chairman Sam Palmisano received $22.3 million....

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All this as they continue to lay off employees, ship jobs overseas, reduce benefits, and reduce the 401(k) contributions. Yep, they are definitely worth the outrageous salaries.
Yup, now I understand why IBM stands for I Barely Matter!
WHO needs $19 million a year to live on?????? This is absurd. No wonder they're outsourcing... AND not paying employees in the US well, to pay these ridiculous salaries.
Is IBM still around? Boy... I do not see them making king any headway.
Hey WRAL- it's food "chain" not food "change"
Salaries for these execs is a joke.. Employees need to revolt.. And they have the gall to complain about raising the minimum wage..
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