IBM reported in a regulatory filing today that its CEO, Samuel Palmisano, nearly doubled his incentive pay in 2010.
Bloomberg News reported that Palmisano, who has led the company for the past eight years, received $9 million in incentives compared to $4.75 million the prior year.
IBM reported profit for the year of $11.52 a share, which beat the company's target.
The company's shares are up 28 percent over the last year.
Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or 
