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International Business Machines Executive Compensation (FY25)

IBM · Armonk, NY · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 1, 2026
267 figures on this page: 260 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Total compensation for Arvind Krishna, Chairman, President and Chief Executive Officer, came to $37,989,685 in fiscal 2025, and the company reported a chief executive pay ratio of 765:1 for fiscal 2025, against median employee compensation of $49,630. The say-on-pay proposal drew 94.2% of votes cast for or against in favor at the meeting held April 28, 2026 for fiscal 2025. Companies named in the disclosed peer group include Accenture, Adobe, Alphabet, Amazon.com and Bank of America, among others. For fiscal 2025, the company reported 5 named executive officers.
Chief executive, fiscal 2025
◇
Arvind Krishna
Latest say-on-pay support
=
April 28, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Say-on-pay support: 92.0% → 94.2% (2.2 points higher)
CEO pay ratio: 518:1 → 765:1 (47.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is International Business Machines' chief executive and what were they paid?
Total compensation for Arvind Krishna, Chairman, President and Chief Executive Officer, came to $37,989,685 in fiscal 2025.
What was International Business Machines' say-on-pay result?
The say-on-pay proposal drew 94.2% of votes cast for or against in favor at the meeting held April 28, 2026 for fiscal 2025.
Which companies are in International Business Machines' peer group?
Companies named in the disclosed peer group include Accenture, Adobe, Alphabet, Amazon.com and Bank of America, among others.
What is International Business Machines' chief executive pay ratio?
The company reported a chief executive pay ratio of 765:1 for fiscal 2025, against median employee compensation of $49,630.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arvind Krishna
Chairman and Chief Executive Officer
◇—◇◇◇—◇◇
James Kavanaugh
Senior Vice President and Chief Financial Officer
◇—◇◇◇◇◇◇
Gary Cohn
Vice Chairman
◇—◇◇◇—◇◇
Rob Thomas
Senior Vice President, IBM Software and Chief Commercial Officer
◇—◇◇◇—◇◇
Nickle LaMoreaux
Senior Vice President and Chief Human Resources Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arvind Krishna
Chairman and Chief Executive Officer
◇—◇◇◇◇◇◇
James J. Kavanaugh
Senior Vice President, Finance & Operations and Chief Financial Officer
◇—◇◇◇◇◇◇
Robert Thomas
Senior Vice President and Software Chief Commercial Officer
◇—◇◇◇◇◇◇
Gary Cohn
Vice Chairman
◇—◇◇◇—◇◇
Michelle Browdy
Senior Vice President and General Counsel
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James J. Kavanaugh
Senior VP, F&O and CFO
◇—◇◇◇◇◇◇
Robert D. Thomas
Senior VP and Software Chief Commercial Officer
◇—◇◇◇◇◇◇
Gary Cohn
Vice Chairman
◇—◇◇◇◇◇◇
Anne Robinson
Senior VP, Chief Legal Officer
◇◇◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Arvind Krishna
Chairman, President and Chief Executive Officer
◇—◇◇◇◇◇◇
James J. Kavanaugh
Senior Vice President, Finance & Operations and Chief Financial Officer
◇—◇◇◇◇◇◇
Robert Thomas
Senior Vice President, Software & Chief Commercial Officer
◇—◇◇◇◇◇◇
Gary Cohn
Vice Chairman
◇—◇◇◇◇◇◇
Anne Robinson
Senior Vice President
◇—◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Anne RobinsonPSU◇◇◇—◇—◇
Anne RobinsonRSU◇——◇——◇
Anne RobinsonSO◇——◇—◇◇
Arvind KrishnaRSU◇——◇——◇
Arvind KrishnaPSU◇◇◇—◇—◇
Arvind KrishnaSO◇——◇—◇◇
Gary CohnRSU◇——◇——◇
Gary CohnSO◇——◇—◇◇
Gary CohnPSU◇◇◇—◇—◇
James J. KavanaughPSU◇◇◇—◇—◇
James J. KavanaughRSU◇——◇——◇
James J. KavanaughSO◇——◇—◇◇
Robert ThomasSO◇——◇—◇◇
Robert ThomasRSU◇——◇——◇
Robert ThomasPSU◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Gary CohnRSU◇◇——
Anne RobinsonRSU◇◇——
James J. KavanaughRSU◇◇——
Arvind KrishnaRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew N. Liveris
◇————◇◇
Alex Gorsky
Lead independent director
◇————◇◇
Peter R. Voser
◇————◇◇
Frederick H. Waddell
◇————◇◇
David N. Farr
◇————◇◇
Martha E. Pollack
◇————◇◇
Michelle J. Howard
◇————◇◇
F. William McNabb III
◇————◇◇
Thomas Buberl
◇————◇◇
Alfred W. Zollar
◇————◇◇
Marianne C. Brown
◇————◇◇
Michael Miebach
◇————◇◇
Arvind Krishna and Ramon Laguarta served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Accenture ACN
  • Adobe ADBE
  • Alphabet GOOGL
  • Amazon.com AMZN
  • Bank of America BAC
  • Boeing BA
  • Broadcom AVGO
  • Cisco Systems CSCO
  • Hewlett Packard Enterprise HPE
  • Honeywell HON
  • Intel INTC
  • Microsoft MSFT
  • Oracle ORCL
  • PepsiCo PEP
  • Qualcomm QCOM
  • RTX RTX
  • Salesforce CRM
  • UPS UPS
  • Verizon VZ
  • Visa V

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 28, 2026=◇◇◇
2024April 29, 2025=◇◇◇
2023April 30, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2019April 28, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact International Business Machines disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where International Business Machines sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
267 figures on this page: 260 cited to the filing that reported them, 7 calculated from figures it prints.
260 cited to the filing
7 calculated from the filing

Documents cited

  1. 0000051143-26-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000051143-26-000025
    2025 Director compensation table · 2025 Outstanding equity awards at fiscal year-end table and related narrative · 2025 Summary compensation table and related narrative · Director compensation · and 1 more section
  3. 0001104659-25-044116
  4. 0001104659-25-022186
    2024 Summary Compensation Table and Related Narrative
  5. 0001104659-24-057038
  6. 0001104659-24-032641
    2023 Summary Compensation Table
  7. 0001104659-23-052975
  8. 0001104659-23-029014
    Summary Compensation Table
  9. 0001104659-22-053570
  10. 0001104659-21-059030
  11. 0001104659-20-053383
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Velarion, “International Business Machines executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/IBM (accessed 2026).
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Peers International Business Machines discloses

The companies named in IBM's own disclosed peer group.

AdobeAlphabetAmazon.comBank of AmericaBoeingBroadcomCisco SystemsHoneywellIntelMicrosoftOracleQualcommSalesforceVisa

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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