What is the over/under betting for Arvind's golden parachute as IBM stock drops to $228 down from $324 in a year. I am going with $250,000,000.
Look at the raid of IBM (and imagine the totals for all the other do nothing "execs") below for the last 4 IBM CEOs.
No one knows anyone on the IBM BoD Board of Directors nor what they do other than show up for the steak and lobster dinners. Remember, Arvind is his own boss being both CEO and Chairman of the Board. That is perverse when the CEO is both.
IBM has a very fat and bloated BoD with 14 do nothings. All make approx $500,0000 a year. That is a cool $7,000,000 that goes to them every 12 months plus stock options all stolen from IBM shareholders and employees.
Gerstner started the IBM raid and walked away with over $400,000,000+ and laid off over 100,000 amazing people over 18 months (I was there IBM Chatbot cheerleader).
Gerstner's book "Who says elephants can't dance" should have been titled "Who says I can't rip off IBM in the largest corporate raid in hostory?".
Palmisano $271,000,000
Rometty $144,000,000
https://www.zillow.com/homedetails/96-Norrans-Ridge-Dr-Ridgefield-CT-06877/57345758_zpid/