Tuesday, February 8, 2011

Samuel J. Palmisano, IBM Performance Award in 2010 rose nearly doubled to $ 9,000,000

 IDG (Xiao-e) Beijing January 29, according to foreign media reports, the company profit targets over the same time, record high stock price, IBM CEO Samuel J. Palmisano, incentive performance awards last year also rose nearly doubled to 900 million. But his base salary and target performance awards were $ 1,800,000 and $ 5,000,000, since 2008 has been changed.


IBM CEO Samuel Palmisano (Artesyn Technologies with map)


IBM on Friday in a document submitted to the regulatory body said that this year 59 years old, as IBM CEO Sam Palmisano up to 8 years, last year received $ 9,000,000 in prize money. And last year the incentive performance awards he got only 4.75 million. IBM last year, earnings per share were $ 11.52, more than four years ago, set at least 10 U.S. dollars / share target, thanks to software and services companies in the expansion.


In addition, IBM service director Maike Dan Daniels (Mike Daniels) incentive performance awards last year increased from 160,000 to 825,000 U.S. dollars, while sales director   (Ginni Rometty) incentive performance awards increased from 170,000 to 800,000 U.S. dollars. Incentive performance awards also increase the salaries of their ranking in IBM in second and third, more than the chief financial officer Mark Loughridge (Mark Loughridge), and software executive Steve Mills (Steve Mills) .


day IBM shares fell $ 1.86, closing at $ 159.21 / share, a decrease of 1.15%. The stock rose 12% last year, and in October rose to its highest point.

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