The Top Brass at Big Blue Do Pretty Okay in 2009
March 15, 2010 Timothy Prickett Morgan
If you have found yourself wondering why IBM‘s top brass seem to do everything in their power to prop up the company’s stock, the answer has always been the same since the 1980s: because that’s how they make a fortune personally. Nothing illustrates this more–and perhaps frustrates the i community more–than the company’s annual proxy statement, which outlines how the top executives at Big Blue are compensated. As is the case in just about every public company I have ever heard of, executive compensation is tied to the performance of the company, more or less. But the actual compensation |