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IBM CEO gets $1.5 million paycheck

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Tags: .biz | CEO pay | IBM | RTP

Bloomberg News is reporting that Virginia “Ginni” Rometty's salary almost doubled to $1.5 million after she was promoted to CEO of IBM, the world's largest computer-services provider, at the start of this year.

Rometty - who was formerly IBM's chief marketing executive making $800,000 a year - is the first female CEO in the company’s 100-year history.

Her cash-incentive target for the year is $3.5 million, compared with the $1.47 million she received for 2011.

New York-based IBM employs about 10,000 people at its campus in Research Triangle Park.

Read more here: http://blogs.newsobserver.com/business/ibm-reports-higher-revenue-profit#storylink=misearch#storylink=cpy
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