Virginia M. Rometty of INTERNATIONAL BUSINESS MACHINES CORP, earned $18.6 Million in 2017
while the company’s shareholder return was -4.0%.
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Virginia M. Rometty of INTERNATIONAL BUSINESS MACHINES CORP
Tenure: 6 years Pay Rank: 82 out of 456 companies in 2017 Ticker: IBM Industry: Manufacturing
Median employee pay: $54,491 Median pay ratio: 341 to 1
-4% 1-year return!? Sounds like PIP-time for her. . .
https://www.wsj.com/graphics/ceo-salary-vs-company-performance/
nobody on the Board even has any Tech industry experience...DuPont, Shell, Pharma, Electrical, Credit Card company, etc.
Whenever we get a notice about executives changing jobs there are always s----ups who comment on the notice to congratulate them. that is just how some people try to keep their jobs and in IBM it sometimes works.
Funny to see IBM morons give her kudos all the time. I work with a number of those creeps too.
FUMU -- https://acronyms.thefreedictionary.com/FUMU
Remember your IBM Acronym - FUMU - always the career path to success for decades.
Nah...in IBM Land, it’s never the Plan that failed. It’s the “implementation of the Plan.” The Plan is always perfect, you see. All hail the Plan! IBM executives are walking jokes. Nobody in my unit has any respect for most of the ones we are top-loaded with.
How in the world can a Board of Directors allow this to happen? By any metric she has been a failure. What a disgrace to the shareholders and employees. Even Warren Buffet has voted with his capital and divested of IBM. Tom Watson would roll over in his grave.