IBM boss Arvind Krisha paid more than $16m in 2022
krishna ‘s sum recompense be down along the prior year by just under $ one million due to adenine low volume of longer-term stock prize vest, accord to the 2023 notification of annual meet and proxy statement .
The base wage be unaltered astatine $ 1.5 million, stock award embody $ 8.93 million, option prize equal $ 2.03 million, and the annual bonus plan mature aside more than $ 500,000 to $ 3.48 million .
krishna, world health organization be calculate to be worth astatine least $ 40.5 million, oversee the first base meaningful gross growth at IBM inch more than a decade : up eleven percentage to $ 60.5 billion in 2021. along the way, IBM say, prey be reach for consult and software division and fall back tax income account for half of IBM ‘s employee turnover.
in other foreground accomplishment impute to the chief executive officer and his white house officer, IBM completed eight-spot purchase in 2022 for $ two billion ; deploy the osprey 433-Qubit quantum system ; make a plan to reduce greenhouse gas emission by sixty-five percentage aside 2025 ; and underscore diversity among leadership .
prosody apply to white house compensation be associate to gross target, function cash stream, operate earn per share, and free cash menstruate. aim be meet, the securities and exchange commission filing indicate.Read more : Lenovo ThinkPad P51 Review
IBM be criticize indiana long time past for not include gross increase vitamin a associate in nursing annual finish, alternatively white house embody focused on alleged strategic imperative. This changed indiana 2021, the year IBM announce information technology be to spin come out of the closet much of information technology global infrastructure avail division, which be associate in nursing anchor along gross increase .
krishna ‘s software equal the median annual give of 271 IBMers : “ This ratio be free-base on annual total compensation of $ 16,580,075 for the chief executive officer and $ 61,242 for the median employee. The base wage for the median employee be $ 45,197. ” This wage rate be determined indiana october 2021.Read more : IBM cloud computing – Wikipedia
This be the lapp proportion for HPE emboss Antonio Neri, world health organization draw $ 17.36 million in the pot ‘s fiscal 2022 .
equally for krishna ‘s other general, chief financial officer james Kavanagh be award $ 10.13 million, frailty president gary cohn some $ 8.95 million, and elder veep tom Rosamillia ‘s sum box be respect at $ 7.66 million .
IBM, unlike last year, dress not note any stockholder unrest, ampere happen when former red hat foreman Jim Whitehurst be award $ 22.4 million indiana sprout option alone. about half of stockholder serve not support the compensation proposal. Whitehurst dress n’t lead the money in any case – he decide to leave indiana july 2021 and the annual long-run incentive be not grant. ® Get our Tech Resources