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    1. Big and Blue: IBM Boss's Wage Package Shrinks in 2018 on Her Own Recommendation

      Big and Blue: IBM Boss's Wage Package Shrinks in 2018 on Her Own Recommendation

      IBM's head honcho Ginni Rometty was paid $16.45m for running the company last year though this was dramatically lower than it could have been – the exec herself downgraded her final incentive score and the board agreed. According to a 2019 Notice of Annual Meeting & Proxy Statement this week filed with the Securities and Exchange Commission, IBM’s CEO, president and chairman could have made roughly 15 per cent more than she did...

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    2. Imation CEO Voted off Board in Proxy War Bombshell

      Imation CEO Voted off Board in Proxy War Bombshell

      Imation's CEO has been provisionally voted off the company's board, as shareholders supported the activist investor Clinton Group in its view of Imation's alleged leadership failures. This AGM proxy vote result still has to be certified, but that looks a formality. The Clinton Group said Imation's long revenue decline and turnaround failure was due to the board and CEO Mark Lucas...

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