IBM CEO Arvind Krishna's pay increased to $25 million

IBM CEO Arvind Krishna's compensation increased by 23% to $25 million in 2024, up from $20.3 million in 2023, according to the company's proxy statement. The rise in pay was largely due to stock awards, which grew from $11.4 million to $14.8 million. Krishna's base salary remained unchanged at $1.5 million. In 2024, IBM's revenue reached $62.8 billion, a 3% increase, driven by advancements in hybrid cloud and AI technologies. The median employee salary was reported at $43,069.