IBM's Gerstner makes $100,000,000 in 1999

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IBM's Gerstner makes $100,000,000 in 1999

Posted By: vince
Date: Tuesday, 29-Feb-2000 16:08:14
www.rumormill.news/1866

IBM's CEO made over $100,000,000 last year in his stock options....On 08/99 Gerstner exercised and bought 400,000 shares of IBM for $12/share and sold them for $125/share. This netted him over $46,000,000 in profits.
In May of 1999, Gerstner sold another 200,000 shares for $236/share. This transaction netted him over $44,000,000....and it goes on and on.
He only has an annual salary of $7,000,000 or so.
It seems to me that crime pays handsomely at IBM, and with this sort of money...you have alot of influence...I am sure Joan Lodato, Moshe Lubin, and the Agentinean gentleman who died unnoticed, wishes all the readers of this small piece of news to take notice.