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Annual compensation figures were disclosed this week from IBM, Ford, and Goldman Sachs top executives
Have you ever wondered how much the CEOs of some of the biggest companies in America are taking home? Let's take a look and break down to numbers that just came in about CEOs over at IBM, FORD, and investment bank Goldman Sachs. Let's start off with IBM. The chief executive over there Samuel Palmisano, recording uh, get this number $20.9 million in terms of compensation just last year of course. IBM saw a nice uptick in profit last year as well, so that's to be expected. Let's take a look at how the numbers break down here. Palmisano who is 56 years old, he was paid 1.8million dollars in salary, 5.8million dollars under a long term incentive plan, he also got options in stock valued at about $12.3millon along with add on top of that company perks travel expenses covered all of that. But keep in mind back in 2007 IBM posted a 10% gain in net profit for the year, ah to $10.4 billion, and its stock price rose 11% last year. So he saw some nice gains out of that success at his company. Ford, though, an auto maker, under pressure, especially over the last, the last end of last year. The CEO over there, Alan Mulally, here is what a Ford representative confirmed for us, he got a restricted stock unit valued at more than $4millon last year, a tag on top of that. $3.56million in stock options and the Ford representative confirming to CNN that Mulally and several other top executives over at Ford got a total of 2million stock unit valued at nearly $15million, it's not a bad there. Finally, wanna take a look at the Goldman Sachs .The stock is up nicely right now, Goldman Sachs is considered by many one of the few Wall Street firms that really skirted the whole subprime meltdown. And its employees are being compensated very kindly for that. The two co-presidents over at Goldman Sachs Gary Cohn and Jon Winker, Winkelried rather, both got $67.5 million last year in compensation for 2007. Keep in mind that is just under what Goldman's chief executive Lloyd Blankfein got. He got $68.5 million. So millions and millions in compensation for the CEOs of International Business Machines, IBM, Ford and Goldman Sachs.
Notes:
Uptick: An increase, especially a small or incremental one.
