In 2024, IBM CEO Arvind Krishna's total financial package rose to over $25 million, reflecting a 23.1% increase from the previous year. His compensation breakdown includes a base salary of $1.5 million, stock awards of $14.8 million, and various other financial components. Despite a significant pay increase, the median annual compensation for IBM employees remains relatively low, due to a considerable workforce in lower-wage regions. IBM's financial performance showed growth in software and consulting, yet missed some operating EPS targets, highlighting a mix of successes and challenges within the organization.
Arvind Krishna's total compensation rose to over $25 million in 2024, reflecting a 23.1% increase due to robust company performance despite challenges in operating earnings.
IBM achieved $62.8 billion in revenue for 2024, with significant contributions from software and consulting, showcasing the company's focus on higher-margin services amid a competitive landscape.
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