IBM Almost Doubles New CEO Rometty’s Salary to $1.5 Million
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International Business Machines Corp. almost doubled the salary of Virginia “Ginni” Rometty after promoting her as the chief executive officer of the world’s largest computer-services provider at the start of the year.
Rometty, 54, will receive a salary of $1.5 million this year, up from $800,000 last year, the Armonk, New York-based company said today in a regulatory filing. Her cash-incentive target for 2012 is $3.5 million, compared with $1.47 million she received for 2011.