secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL BUSINESS MACHINES CORP (IBM)
CIK:        0000051143
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001104659-23-010504
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

IBM discloses 2023 executive compensation; SVP Rosamilia to retire by June 30, 2023
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- CEO Arvind Krishna: 2023 salary $1.5M, annual incentive target $3M, long-term incentives $17M (PSUs $10.2M, RSUs $3.4M, options $3.4M).
- CFO James Kavanaugh: 2023 salary $1.096M, annual incentive target $1.479M, long-term incentives $9.925M.
- Vice Chairman Gary Cohn: 2023 salary $1.17M, annual incentive target $1.58M, long-term incentives $7.25M.
- SVP Tom Rosamilia retiring by June 30, 2023; no 2023 long-term incentive award.
- SVP Michelle Browdy: 2023 salary $936K, annual incentive target $1.264M, long-term incentives $6.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51143/000110465923010504/0001104659-23-010504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51143/000110465923010504/tm235234d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-010504

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer