IBM (NYSE: IBM) says the salary of Chief Executive Officer Ginni Rometty remained at $1.5 million, while her annual incentive pay was increased to $4 million from $3.5 million.

The bump in incentive pay took effect on Oct. 1, the day Rometty assumed the added duty of serving as chairman, Armonk, New York-based IBM said Monday in a statement. She took the CEO job at the beginning of the year.

Rometty became the company’s ninth CEO – and its first female leader – after stints in IBM services, sales, strategy and marketing. During her rise up the ladder, she oversaw the integration of PricewaterhouseCoopers Consulting, helping IBM build a staff of more than 100,000 consultants.

The board also approved a long-term incentive award of $12 million, paid out in performance share units in February 2016.

IBM shares rose less than 1 percent Monday to $194.14. The stock has climbed 5.6 percent this year.

Maryland Picks IBM for Healthcare Marketplace

In other news, the state of Maryland had selected IBM to help the state provide a healthcare marketplace for its 6 million residents.

“The company will deliver the eligibility and enrollment capabilities the State needs to enable its citizens to find high quality, affordable health insurance,” IBM said.

The Maryland Health Connection will utilize IBM software, servers and storage services.

“Maryland Health Connection will bring affordable health insurance coverage within reach of all Marylanders, creating a transparent marketplace for consumers and small businesses– providing them with information they can trust and understand,” said Rebecca Pearce, executive directorof Maryland Health Benefit Exchange, in a statement. “We continue to work with stakeholders throughout the state to develop a health insurance exchange that builds on the strong systems already in place while developing new paths to expand access to health care coverage.”

IBM employs some 10,000 people across North Carolina.

[IBM ARCHIVE: Check out 10 years of IBM stories as reported in WRAL Tech Wire.]

(Bloomberg news contributed to this report.)