Sundar PichaiSundar Pichai earned $164M in 2023
I

Arvind Krishna

CEO of International Business Machines

Education

Bachelor's degree in Electrical Engineering from the Indian Institute of Technology, Kanpur; Master's degree in Electrical Engineering from the University of Illinois at Urbana-Champaign; MBA from the Wharton School of the University of Pennsylvania.

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1962 - 63 years ago

Economy Sector

Technology

Current Tenure

4 years 10 months (Apr 2020 - Present)

Previous Experience

Joined IBM in 1990, held various positions including Senior Vice President of Cloud and Cognitive Software

Arvind Krishna is the Chairman and CEO of IBM, a major player in technology since 2020. His journey with IBM started back in 1990, and over the years, he has held key roles including leading the company's Cloud and Cognitive...

Year

2023

Total Compensation

$38.44M

Salary

$1.50M

Board Justification

IBM's compensation philosophy emphasizes aligning executive pay with performance, with a significant portion of total compensation at risk based on achieving rigorous performance goals.

Bonus

$3.51M

Board Justification

The annual incentive payment for 2023 was $3,510,000, which was 117% of target, reflecting strong free cash flow generation and sustainable revenue growth.

Other

$541.87K

Board Justification

Other compensation includes tax reimbursements and contributions to defined contribution plans.

Restricted Stock

$32.88M(206.19K RSU)

Board Justification

The stock awards that vested in 2023 include Performance Share Units (PSUs) and Restricted Stock Units (RSUs) based on performance metrics and time-based vesting schedules.

Performance Metrics

Performance metrics for 2023 included revenue growth, operating cash flow, and individual contributions to strategic objectives.