IBM pays CEO $5.2 million bonus

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IBM pays CEO $5.2 million bonus

Postby FG Lurker » Tue Mar 08, 2005 7:54 pm

IBM pays CEO $5.2 million bonus
Inquirer.net, March 8, 2005
IBM FORKED OUT a total of $8.8 million for the services of chief executive Sam Palmisano last year a 12% hike on the year before.

[...]

The money was $1.6 million in wages plus a bonus of $5.2 million plus a $1.7 million incentive payout based on financial results from 2002 to 2004.

(Full Story)

Gotta get me a job that pays 8.8million / year... In dollars, not yen.
And you run and you run to catch up with the sun but it's sinking
Racing around to come up behind you again
The sun is the same in a relative way, but you're older
Shorter of breath and one day closer to death
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Re: IBM pays CEO $5.2 million bonus

Postby samuraiwig » Tue Mar 08, 2005 8:51 pm

Pah! $8.8 million? Small change.

Household name Reuben Mark of Colgate banked a cool $148 million in salary last year 8O

I'm sure he's worth every cent. He also holds a trivial $312 million in shares.

Weep at more excessive corporate pay here
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