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.
The top boss at Blue Cross and Blue Shield of North Carolina made $1.87 million last year, less half what his predecessor earned during the prior year.