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.

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