Bonus for poor performance, the IBM way

IBM brings back bonuses for top execs even as profits slide - Yahoo Finance: "The bonuses returned as a feature of IBM's executive compensation for 2014, according to a document filed with securities regulators on Friday, despite the fact that IBM's net profit from continuing operations fell 7 percent last year and its stock shed about 14 percent.

IBM CEO Virginia Rometty will get a $3.6 million annual incentive payout for 2014, according to the filing. Chief Financial Officer Martin Schroeter and three other executives or advisers were also listed as getting smaller annual incentive payouts.

Rometty is slated to receive a base salary of $1.6 million for 2015, her first raise from the $1.5 million she got each of the last three years after taking up the post of CEO at the beginning of 2012.

Rometty is also slated to receive a target annual incentive award of $5 million for 2015 and a long-term stock grant worth $13.3 million, which would be payable in 2018, according to the filing."



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