IBM's CEO gets big 2015 raise and 2014 bonus - KTTC Rochester, Austin, Mason City News, Weather and Sports

IBM's CEO gets big 2015 raise and 2014 bonus

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IBM CEO Virginia Rometty / Cropped Photo: Fortune Live Media / MGN IBM CEO Virginia Rometty / Cropped Photo: Fortune Live Media / MGN
ROCHESTER, Minn. (KTTC) -- IBM's CEO will get a big raise this year and a whopping 2014 bonus.

Filings with the Securities and Exchange Commission show Virginia Rometty will receive a $3.6 million bonus. She will also get a raise from $1.5 million in 2014 to $1.6 million in 2015. The IBM board of directors also approved a $13.3 million stock incentive payable in February 2018.

The news comes as layoffs began last week at IBM's main campus in northwest Rochester and at sites around the world.

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