Kyndryl CEO Martin Schroeter had a compensation package of over 26 million in 2021, or 452 times the average Kyndryl worker! The average for a company of Kyndryl's size is 6.82 million. This guy is a poor-performing clown and this is how he is rewarded? With layoffs happening this year?! He needs to be fired.
https://simplywall.st/stocks/us/software/nyse-kd/kyndryl-holdings/management
Disgraceful.
IBM CEO Arvind Krishna made 17.5 that same year. So Martin got paid 9 more for a company that is roughly 42 times smaller. https://m.economictimes.com/news/company/corporate-trends/ibm-ceo-arvind-krishnas-total-compensation-drops-by-a-million-to-16-5-million-in-2022/articleshow/98597169.cms
Hmm... I wonder how he could afford this? 😂
https://virtualglobetrotting.com/map/kyndryl-ceo-martin-schroeters-lavish-horse-farm/