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$1.6m
- As for the outgoing exec, she was awarded a total of $21.062m: $1.6m salary, $12.728m in stock options, $4.25m in non-equity incentive plan, $100,604 for a change of pension retention plan value, $1.5m for change in value, and $883,314 for all other compensation.
www.theregister.com/2021/03/17/ibm_exec_payouts/IBM's CEO and outgoing exec chairman take home $38m in total ...
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Mar 17, 2021 · IBM CEO Arvind Krishna and ex-exec-chairwoman Ginny Rometty were collectively awarded more than $38m in compensation for their services in fiscal 2020, a year in which Big Blue's revenues shrank and operating profit more than halved.
- Paul Kunert
Apr 20, 2023 · The former CEO reportedly earned about $33 million per year while she was the top executive at IBM, and she also held top positions over the previous decades that likely gave her a large...
- Kathryn Underwood
- Former CEO of IBM; Author
A 36-year veteran of the iconic tech company, Rometty has led IBM's transition to a data company. Today, half of IBM's $79.1 billion 2017 revenue comes from the emerging, high-value segments of...
- What Is Ginni Rometty's Net Worth and Salary?
- Ginni Rometty Stock Holdings
- Early Life and Education
- Joining IBM
- Senior Vice President of IBM Global Business Services
- IBM's First Female CEO
- Transformation and Strategic Imperatives
- Acquisition of Red Hat
- Retirement and Legacy
Ginni Rometty is an American business executive who has a net worth of $90 million. Ginni Rometty is best known for being the former chairwoman, president, and CEO of IBM. In a typical year at the peak of her time with IBM, her salary (base, bonus and security benefits) totals around $33 million. Under Rometty's leadership, IBM transformed its busi...
Ginni is the largest individual shareholder in IBM. She holds 206,000 shares directly and another 96,000 restricted stock units. In recent years, those shares have been worth around $40 million.
Born Virginia Rometty, she grew up in a working-class family in the Chicago suburb of Arlington Heights. Her parents divorced when she was a teenager, leaving her mother to raise four children on her own. Despite facing financial challenges, Rometty's mother instilled in her the importance of hard work, perseverance, and education. Rometty attended...
In 1981, Ginni Rometty began her career at IBM as a systems engineer, working with clients to identify and solve their technology challenges. Over the next several years, Rometty held various positions within the company, focusing on sales, marketing, and strategic planning. Her strong performance and leadership abilities led to a steady rise throu...
In 2002, Rometty was named Senior Vice President of IBM Global Business Services, where she was responsible for overseeing the integration of PricewaterhouseCoopers Consulting following IBM's acquisition of the firm. This merger created one of the world's largest consulting businesses, and Rometty's successful management of the integration process ...
In October 2011, IBM announced that Ginni Rometty would succeed Samuel J. Palmisanoas the company's President and CEO, making her the first woman to lead the tech giant in its 100-year history. Rometty officially assumed the role on January 1, 2012, and later that year, she also became the company's Chairman.
As IBM's CEO, Rometty oversaw a period of significant transformation for the company. She shifted IBM's focus away from its traditional hardware and software businesses, instead prioritizing emerging technologies such as cloud computing, artificial intelligence (with the development of IBM Watson), and cybersecurity. These areas, which Rometty refe...
In 2018, under Rometty's leadership, IBM announced the acquisition of Red Hat, an open-source software company, for $34 billion. This marked the largest acquisition in IBM's history and signaled a major strategic move to strengthen the company's position in the rapidly growing cloud computing market.
In January 2020, Ginni Rometty announced her plans to retire from her role as IBM's CEO, effective April 2020. She was succeeded by Arvind Krishna, the company's Senior Vice President of Cloud and Cognitive Software. Rometty continued to serve as IBM's Executive Chairman until her retirement at the end of 2020. Throughout her nearly 40-year career ...
- Celebrity Net Worth
Ginni Rometty was the ninth chairman, president, and CEO of IBM. Today she serves on multiple boards and cochairs OneTen, a coalition committed to upskilling, hiring, and promoting one million...
Mar 8, 2023 · Rometty and some who worked closely with her say she was pivotal in transforming the century-old US company: reinventing half its portfolio of businesses; building its cloud computing division;...
Mar 10, 2020 · Ginni Rometty was awarded $20.16m for her final full year as CEO, president and chairman at IBM as the organisation reported a gargantuan revenue rise of 0.1 per cent.
