IBM’s Rometty Takes 2014 Bonus Amid Struggles in Cloud Shift
This article is for subscribers only.
IBM Chief Executive Officer Ginni Rometty is taking her annual bonus for 2014, a year when the company posted its first per-share profit decline in more than a decade and the shares tumbled 14 percent.
Rometty will get an incentive payout of $3.6 million, according to a company filing released Friday. This year, she will receive her first salary increase -- 6.7 percent to $1.6 million -- since taking the helm in 2012. Last year, the International Business Machines Corp. executive team opted not to take the bonuses tied to 2013 performance “in view of the company’s overall full-year results,” she said at the time.