General World News

Outgoing IBM CEO Ginni Rometty made her full $5 million cash bonus in 2019, and might still get another $13.3 million in stock (IBM)

Ginny Rometty

  • The day before IBM formally announced that CEO Ginni Rometty would step down in April, the company released some information about her 2019 pay package.
  • Rometty received her full cash bonus of $5 million for the year — something that hasn’t always happened during her tenure, during which she’s overseen a difficult period of transition for IBM.
  • The filing also showed that in 2019, she was granted $13.3 million in stock, which was slated to be paid out as a performance-based reward through 2021.
  • It’s not clear if or how Rometty will get that money, given that she’s leaving in the first part read more >>>

    Source:: BusinessInsider.Com