https://www.wsj.com/articles/ceo-pay-2025-d2885ea3
[Didn't quote entire article text, just extracted AK's info. from the interactive table in the article].
AK ranks 34th out of 392 CEOs on the list:
Total pay: $38M
Pay Change: +51.1%
1-Year Return: 38%
Median Employee Pay: $49,630
Waiting with bated breath for my 51% raise this year!
Bov Moffat was a mentee of Palmisano. He could have been the next CEO
@ax Moffat was a ^&*(. Had an affair and did insider trading and went to jail.
6 months in jail and $50K fine. All of them should see the inside of San Quentin or Rikers Island.
https://archives.fbi.gov/archives/newyork/press-releases/2010/nyfo091310.htm
Mr Gerstner did not steal anything. He turned around and saved IBM.
Moffat engaged in insider trading and blew everything. He was groomed to be the next CEO. However his greed led to his demise.
@a6 so tell us how you feel about Mr. Dead Gerbil when he left IBM ?
And what you feel for Bob Moffat when he was forced to exchange his overpriced digs for a jail cell ?
expanded its AI offerings around watsonx
Hahahahahahahahahahahahahaha!!!!!!!!!!!!!!!!!!!!!!!
Based on the data provided by @OP, Alvind compensation is equal to the average compensation of 760 IBM employees.
I have a request for @a6, Alvind's cheerleader and chief apologist officer.
What are Alvind's PERSONAL quality that justify hie is compensated more than 760 employees ?
Be precise, no hand waiving, provide facts.
He gave himself 371,000 IBM shares and at $65 per today that is a cool $98,000,000. He will wlak away with well over $250M.
@OP did you not get a 51% raise [ in your job responsibilities ] ?
I understand why people see a $38 million compensation figure and get angry, especially after layoffs. That's a natural reaction. But CEO compensation at large public companies is heavily tied to stock awards and long-term performance metrics, not just a giant paycheck deposited into a bank account.
The other side of the story is that IBM's stock was up significantly during the period being measured, revenue has stabilized compared to years of decline, the company completed the acquisition of HashiCorp, expanded its AI offerings around watsonx, and continues to generate substantial cash flow. The board's job is to determine whether Mr. Krishna delivered results relative to the goals they set.
Ha and no raises across the entire company! This feels like a movie!