IBM CEO's take-home down 14% in 2013


REUTERS: International Business Machine Corp Chief Executive Virginia Rometty was paid US$13.97mil in 2013, down from US$16.2mil she took home in 2012, according to documents filed with the SEC on Monday.

Rometty's base pay was unchanged at US$1.5mil, but cash bonus under IBM's annual performance-based incentive program was cut to zero from US$3.9mil last year, due to a decline in revenue and related cash flow in 2013.

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