The outgoing IBM CEO took home his usual $1.8 million salary last year, but his bonus doubled from the previous year to $9 million due to the company's stellar financial results.
IBM is a very international company (that's what "I" stands for, after all), so the position of CEO requires a significant amount of travel. Sometimes Palmisano likes to bring his family along, but that means the IRS requires him to pay special taxes on those flights.
As a result, IBM reimbursed Palmisano to the tune of $311,000, $83,000 of which he donated to Columbia University's Graduate School of Architecture.
When Palmisano retires at the end of the year, he'll have a nice pool of money to tap into: IBM put in $655,000 towards his retirement this year.
