#Ageism
"Court docs reveal older IBMers were labeled 'dinobabies', plus plan to make them 'extinct'"
"IBM applied to have the documents remain off the public record, but the judge disagreed with that request."
theregister.com
"Court docs reveal older IBMers were labeled 'dinobabies', plus plan to make them 'extinct'"
"IBM applied to have the documents remain off the public record, but the judge disagreed with that request."
theregister.com
"In the message, "he describes his plan to 'accelerate change by inviting the "dinobabies" (new species) to leave' and make them an 'Extinct species,'" the filing said.
Ginni Rometty was IBM's CEO during the time period discussed in the filing."
#ageism
arstechnica.com
Ginni Rometty was IBM's CEO during the time period discussed in the filing."
#ageism
arstechnica.com
- Rometty’s reign included one stretch of 22 straight quarters of declining revenue.
- In 2015, she also received a 6.7% bump in her base salary... based on a record for 2014 that included a nearly 6% decline in revenue and a plunge in net income of 27%.
latimes.com
- In 2015, she also received a 6.7% bump in her base salary... based on a record for 2014 that included a nearly 6% decline in revenue and a plunge in net income of 27%.
latimes.com
"Rometty notched IBM’s 15th straight quarter of declining revenue, profit was down 15% and the stock had fallen 36% from its peak. She received a $4.5-million bonus, up from the previous year’s $3.6 million, plus stock options and restricted shares."
latimes.com
latimes.com
Gini Rometty was "awarded a total of $21.062m: $1.6m salary, $12.728m in stock options, $4.25m in non-equity incentive plan, $100,604 for a change of pension retention plan value, $1.5m for change in value, and $883,314 for all other compensation." theregister.com
IBM hired Gini Rometty as an independent contractor - "“The fee for such services would be $20,000 per day for each day she provides four or more hours of services and $10,000 per day for each day that she provides less than four hours.”"
theregister.com
theregister.com
⨀ "Rometty’s reign included one stretch of 22 straight quarters of declining revenue."
⨀ "Year-to-year revenue growth was negative in 2015, 2016 and 2017"
⨀ "She collected about $137 million in compensation over the first seven years of her CEO-ship"
latimes.com
⨀ "Year-to-year revenue growth was negative in 2015, 2016 and 2017"
⨀ "She collected about $137 million in compensation over the first seven years of her CEO-ship"
latimes.com
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