IBM CEO Rometty Realized Over $144 Million During Tenure
January 31, 2020
Tosin Babatunde
International Business Machines Corp. (IBM) announced the transition of Virginia (Ginni) Rometty, President, CEO and Chairman of the Board of Directors effective April 6, 2020. Ms. Rometty has been CEO of IBM since January 1, 2012. From 2012-2018, Rometty realized $112,918,529 in total compensation. Rometty’s total lifetime compensation from 2008-2018 was $144,109,395.
On April 6, Arvind Krishna will become IBM's Chief Executive Officer. He currently serves as Senior Vice President, Cloud and Cognitive Software at IBM.
Ginni Rometty is the 2nd CEO from the Equilar 500 to announce their resignation in 2020.
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Tosin Babatunde,
Research Analyst at Equilar
Tosin Babatunde, Research Analyst at Equilar, authored this post. Please contact Amit Batish, Manager, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis.