But the vote narrowly passed, with 46 percent against. Rometty is in year six of her turnaround plan, and recently lost the confidence of one of her biggest and most famous investors: Warren Buffettwho revealed he's sold a third of his shares since the beginning of the year. The stock fell 2. Since she became CEO in Januaryrevenue has declined more than 26 percent on a trailing month basis compared to the year before she took over, and net income has fallen nearly 27 percent.
Meanwhile, calculations from ISS Analytics show that her disclosed salary has grown by 19 percent per year on average CAGR sinceconcentrated on the final year.
The firm advised investors that the disparity was a red flag. CalSTRS owns 2. Rometty 1. While IBM has expanded its cloud computing business, it's a hybrid cloud business and not as profitable as what Microsoft, Oracle and Google are doing in this space, he said. And he believes that means IBM's generous capital return program won't be able to continue. He added that the decline isn't Rometty's fault, but just the facts of IBM's business. She does a good job," he said. Sign up for free newsletters and get more CNBC delivered to your inbox.
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Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.
Some IBM shareholders are losing patience with Rometty's big salary
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Location United States. Average salary. Most Reported. Compare all Program Director salaries in the United States.
Share Facebook Twitter Copy link. This Program Director position will focus on Offering Management measurements and metrics, planning, governance, and content standardization Promontory Senior Principal United States. Work with Managing Directors and Directors to plan, lead, and execute complex engagements involving the identification, development, and implementation of… Promontory Principal United States.
Interact comfortably with client personnel and regulatory authorities, generally with a Director or Managing Director present. What about all of these? Drive consensus and decision-making with Client Services, Program Management, Technical team and executive management.
Apply now to explore this opportunity Company continuously reinventing itself. Culture has shifted in the mix. Pros - great place to work on cutting edge technology; generally collaborative environment; great place to learn and especially get a great start in your career.
Cons - Culture has dramatically shifted over the years. Though the culture doesn't allow employees to feel 'safe' for flexible work hours or to take much needed leave of absence or have a work-life balance. Was this review helpful? Very fast pace. Not enough pay for the amount of work or level. I wasn't getting paid what I was worth. For the amount of work, responsibility, skill level and experience, I wasn't being compensated fairly.
I Left for more money and less stress. Interesting technology, hard to enjoy being here. Big Blue has great brand recognition, great technology, and seems like a very exciting place to be! Unfortunately, there is not a culture of helpfulness or friendliness here, so it makes getting things done very difficult. Also, most employees are remote and hard to get a hold of when you need them.
Internal tools are from the dark ages, as are the legal processes to accomplish anything. Everything moves very slowly, and most people try to find ways around the processes in order to get things done. Poor leadership, too many reorgs, internal tools are from the dark ages. Get personalized salary insights. Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
Get started. Program Manager. Senior Project Manager.She began attending Northwestern University in Illinois in on a scholarship from General Motors  where she interned between her junior and senior years. Rometty was also a member of the Kappa Kappa Gamma sorority, eventually serving as its president. McCormick School of Engineering and Applied Science at Northwestern University in  receiving a bachelor's degree in computer science and electrical engineering.
After graduation inRometty went to work for General Motors Institute  in Flint where she was responsible for application and systems development. Laid out by Rometty and other IBM executives,   in IBM announced  a five-year growth plan  concerning revenue growth and capital allocation. She was also at the helm of readying Watsonthe Jeopardy! On October 25,IBM announced that she was to be the company's next president and CEO,   becoming the ninth chief executive in its history.
Later that year she announced that IBM would partner with SAP on cloud computing and with Twitter on data analytics, and in she also brokered a partnership with Box. In MayAustin Business reported that Rometty had successfully shifted IBM away from "shrinking businesses such as computers and operating system software, and into higher-growth areas like artificial intelligence.
Virginia Nicosia married Mark Anthony Rometty,  a private-equity investor, in Media related to Ginni Rometty at Wikimedia Commons. From Wikipedia, the free encyclopedia.
American business executive. Virginia Marie Nicosia  . Chicago, IllinoisU. Retrieved 16 July October 28, Financial Times. Bloomberg BusinessWeek. Archived from the original on 2 January Retrieved 25 October Bloomberg L. Retrieved 26 September May 10, Retrieved 10 July Ante And Joann S. Retrieved 20 September Retrieved Northwestern University.
June 25, Archived from the original on June 29, October 25, Retrieved 4 April Retrieved 31 January Amounts shown in the salary column reflect the salary amount paid to each named executive officer during No bonuses were awarded to the named executive officers in the years shown in the Summary Compensation Table.
The values shown for the PSUs are calculated at the Target number, as described below. There were no option awards granted to the named executive officers in any of the years shown in the Summary Compensation Table. The following describes perquisites and their aggregate incremental cost calculations provided to the named executive officers in Amounts include the aggregate grant date fair values of PSUs at the Target number described in the Summary Compensation Table Narrativecalculated in accordance with accounting guidance; these amounts reflect an adjustment for the exclusion of dividend equivalents.
At the Maximum number, these values for Mrs. Amounts also include the aggregate grant date fair values of RSUs granted to Mrs. Rometty, Mr. Kavanaugh, Mr. Schroeter, Dr. Kelly and Ms. Browdy, if applicable, calculated in accordance with accounting guidance; these amounts reflect an adjustment for the exclusion of dividend equivalents. ForandandChange in Retention Plan Value for the eligible named executive officers was due to their age, changes in the discount rate, interest crediting rate, and mortality table.
The change in Retention Plan Value for the eligible named executive officers resulted in negative amounts in for Mrs. ForandandChange in Pension Value for the named executive officers was due to their age, changes in the discount rate, interest crediting rate, and mortality table.
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Forthe change in Pension Value for the named executive officers resulted in the following negative amount for Mrs. See the Nonqualified Deferred Compensation Narrative for information about deferred compensation.
Browdy: personal financial planning and other personal expenses. See the Summary Compensation Table Narrative for a description and information about the aggregate incremental cost calculations for perquisites. Primary tab navigation Overview Financial info Stockholder services News and events Corporate governance - selected tab, Help. Corporate governance Corporate governance guidelines Trust and compliance. Business conduct guidelines Political expenditures and public policy matters Certificate of incorporation.
Bylaws Certain transactions and relationships Director compensation. Executive compensation Beneficial ownership Director independence standards. Contact the board Director attendance at annual meeting of stockholders. IBM reviews salaries for each named executive officer annually during a common review cycle.
Rometty has not received a salary increase in the years shown. Bonus Column d No bonuses were awarded to the named executive officers in the years shown in the Summary Compensation Table. Executive officers are awarded a number of PSUs during the first year of the three-year performance period. Performance targets are typically set at the beginning of the three-year performance period and are approved by the Compensation Committee for example, targets for the — performance period were set for cumulative three-year attainment in operating earnings per share and free cash flow in the beginning of At the end of the three-year performance period, the Compensation Committee approves the determination of actual performance relative to pre-established targets, and the number of PSUs is adjusted up or down based on the approved actual performance.
PSUs granted to U. Payout for all PSUs is in the February following the end of the performance period. There are no dividends or dividend equivalents paid on PSUs. Vesting and Payout Calculations The performance period for the awards granted in is January 1, through December 31,and the awards will pay out in February PSU awards granted in will be adjusted for performance, as described below.
Payout will not be made for performance below the thresholds, as described below. RRSUs typically fully vest in a two to five year period.Find jobs Company reviews Find salaries. Upload your resume. Sign in. IBM Salaries in the United States Salary estimated from 9, employees, users, and past and present job advertisements on Indeed in the past 36 months.
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IBM Program Director yearly salaries in the United States
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Add a Salary. What people say about working at IBM Good company to work with, work life balanace 4.