Palmisano Compensation Over $31mil in 2010


Technology, Innovation, and Deficit Reduction

Image by CSIS: Center for Strategic & International Studies via Flickr

In short: “IBM Chairman and Chief Executive Samuel J. Palmisano saw the total value of his 2010 compensation rise 30% to $31.7 million, thanks mainly to an increase in an incentive plan for meeting the company’s long-term roadmap.”

That roadmap included exceeding an earnings per share target of $10 ($11.52 in 2010) but IBM also “reported its best quarterly revenue growth in nearly a decade as companies again spent money on technology” and hit an all time record high share price of over $160.

Full article on Wall Street Journal here.

What do you think?  Vote in the poll or comment below.

Advertisements
Tagged , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s