Total Compensation: $ 10.59 M
amuel J. Palmisano, 56, is chairman of the Board, president and chief executive officer of IBM and chair of IBM's Executive Committee. Mr. Palmisano joined IBM in 1973. He was elected senior vice president and group executive of the Personal Systems Group in 1997, senior vice president and group executive of IBM Global Services in 1998, senior vice president and group executive of Enterprise Systems in 1999, president and chief operating officer in 2000, chief executive officer in 2002 and chairman of the Board in 2003. Mr. Palmisano is a director of Exxon Mobil Corporation. Mr. Palmisano became an IBM director in 2000.
Total Compensation: $ 3.55 M
Mark Loughridge was named IBM Senior Vice President and Chief Financial Officer in May 2004. He is a member of IBM's Corporate Operations Team and Worldwide Management Council. Mr. Loughridge was previously senior vice president and general manager, Global Financing, where he was responsible for business direction and management of a portfolio in excess of $38 billion. Prior to that role, Mr. Loughridge served in several executive-level finance positions including vice president and IBM controller; vice president of finance and planning for IBM Global Services; vice president for global finance and business operations for Sales and Distribution; vice president of finance and planning for the IBM Personal Systems Group; and completed several Executive assignments in the AS/400 Division. Since joining IBM in 1977 as a development engineer, Mr. Loughridge has held various management positions in finance, strategic planning and engineering including manager of financial services for IBM's Lab in Hursley, England. Mr. Loughridge earned a master's degree in business administration with a concentration in finance and operations from the University of Chicago, and a bachelor's degree in mechanical engineering from Stanford University.
Total Compensation: $ —
Mr. Weber was a partner at Jones Day, an international law firm, until joining IBM in 2006. He was with Jones Day for almost 30 years, and his career included counseling corporations, individuals and boards of directors, as well as extensive experience in corporate derivative litigation, federal and state enforcement actions and commercial litigation.
Total Compensation: $ —
IBM has announced that James J. Kavanaugh became Vice President and Controller effective May 2. Mr. Kavanaugh, 41, was most recently Vice President, Finance and Operations, Sales and Distribution at IBM. He has been an IBM executive for over 10 years.
Total Compensation: $ —
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Total Compensation: $ —
Mr. Greene was with Compaq Computer Corporation (now a part of HewlettPackard Company), a computer company, as Senior Vice President and Chief Financial Officer until joining IBM in 2002. He was with Compaq for two years. Before joining Compaq, Mr. Greene served as Corporate Senior Vice President and Director of Business Strategy and Information Technology at Eastman Kodak Company. During six years at Kodak, Mr. Greene held a number of financial positions including Vice President of Finance and Treasurer. Before joining Kodak, Mr. Greene spent 23 years at IBM in a variety of financial positions including Assistant Treasurer.
Total Compensation: $ —
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Total Compensation: $ —
Michael L. Eskew, 58, is retired chairman and chief executive officer of United Parcel Service, Inc., a provider of specialized transportation and logistics services. He is a member of IBM's Audit Committee. Mr. Eskew joined United Parcel Service in 1972. He was named corporate vice president for industrial engineering in 1994, group vice president for engineering in 1996, executive vice president in 1999, vice chairman in 2000, and he was chairman and chief executive officer from 2002 until his retirement at the end of last year. Mr. Eskew remains on the board of United Parcel Service, and he is also a director of Eli Lilly and Company, 3M Company and chairman of the Annie E. Casey Foundation. Mr. Eskew became an IBM director in 2005.
Total Compensation: $ —
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Total Compensation: $ —
William R. Brody, 64, is president of The Johns Hopkins University. He is a member of IBM's Executive Compensation and Management Resources Committee. From 1987 to 1994, Dr. Brody was the Martin Donner Professor and director of the Department of Radiology, professor of electrical and computer engineering, and professor of biomedical engineering at Johns Hopkins and radiologist in-chief of The Johns Hopkins Hospital. He was the provost of the Academic Health Center at the University of Minnesota from 1994 until he assumed his current position in 1996. Dr. Brody became an IBM director in 2007.
Total Compensation: $ 3.45 M
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Total Compensation: $ —
IBM has announced that Timothy S. Shaughnessy, Vice President and Controller, became Senior Vice President, Services Delivery, effective May 2.
Total Compensation: $ —
On June 25, 2008, IBM announced that the IBM Board of Directors elected Alain J. P. Belda to the Board effective July 29, 2008. Mr. Belda, 65, is chairman of Alcoa Inc. Mr. Belda"s career with Alcoa began in 1969, and he subsequently held various executive positions. From 1979 to 1994 he was president of Alcoa Aluminio S.A. in Brazil, Alcoa"s Brazilian subsidiary. He was named executive vice president in 1994, vice chairman in 1995, president and chief operating officer in 1997 and president and chief executive officer in 1999. Mr. Belda was chairman and chief executive officer from 2001 until he was named to his current position of chairman earlier this year. Mr. Belda holds a degree in business administration from Universidade Mackenzie in Brazil. He is a director of Citigroup Inc.
Total Compensation: $ —
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Total Compensation: $ —
James W. Owens, 62, is chairman of the board and chief executive officer of Caterpillar Inc., a manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. He is a member of IBM's Audit Committee. Mr. Owens joined Caterpillar Inc. in 1972 as a corporate economist and subsequently held various management positions, including chief financial officer. He was named group president in 1995, vice chairman in 2003 and to his current position in 2004. He is a director of Alcoa Inc. Mr. Owens serves on the boards of the Peterson Institute for International Economics in Washington, D.C. and the Council on Foreign Relations. He is chairman of the International Trade and Investment Task Force of the Business Roundtable, vice chairman of The Business Council, a member of the President's Advisory Committee for Trade Policy and Negotiations and the Global Advisory Council to The Conference Board in New York. Mr. Owens became an IBM director in 2006.
Total Compensation: $ —
Lorenzo H. Zambrano, 63, is chairman and chief executive officer of CEMEX, S.A.B. de C.V., a producer and marketer of cement and ready-mix concrete products. He is a member of IBM's Directors and Corporate Governance Committee. Mr. Zambrano joined CEMEX in 1968. He was named chief executive officer in 1985 and has also served as chairman of the board since 1995. He is a director of Grupo Televisa and a member of the Citigroup International Advisory Board. He is also chairman of the board of the Tecnologico de Monterrey. Mr. Zambrano became an IBM director in 2003.
Total Compensation: $ —
Cathleen Black, 63, is president of Hearst Magazines, a division of The Hearst Corporation, a diversified communications company. She is chair of IBM's Directors and Corporate Governance Committee and a member of IBM's Executive Committee. Prior to joining Hearst Magazines, she was president and chief executive officer of the Newspaper Association of America from 1991 to 1996, president, then publisher, of USA TODAY from 1983 to 1991, and also executive vice president/marketing for Gannett Company, Inc. (USA TODAY parent company) from 1985 to 1991. She is a director of The Hearst Corporation, The Coca-Cola Company, the Advertising Council, a member of the Council on Foreign Relations and a trustee of the University of Notre Dame. Ms. Black became an IBM director in 1995.
Total Compensation: $ —
Sidney Taurel, 59, is chairman of the board and chief executive officer of Eli Lilly and Company, a pharmaceutical company. He is chair of IBM's Executive Compensation and Management Resources Committee and a member of IBM's Executive Committee. Mr. Taurel joined Eli Lilly in 1971 and has held management positions in the company's operations in South America and Europe. He was named president of Eli Lilly International Corporation in 1986, executive vice president of the Pharmaceutical Division in 1991, executive vice president of Eli Lilly and Company in 1993, president and chief operating officer in 1996, chief executive officer in 1998 and chairman of the board in 1999. Mr. Taurel is a director of The McGraw-Hill Companies, Inc., a member of the White House Advisory Committee on Trade Policy and Negotiations, the Board of Overseers of the Columbia Business School and a trustee of the Indianapolis Museum of Art. Mr. Taurel became an IBM director in 2001.
Total Compensation: $ —
Joan E. Spero, 63, is president of the Doris Duke Charitable Foundation. She is a member of IBM's Audit Committee. Ms. Spero served as U.S. Ambassador to the United Nations for Economic and Social Affairs from 1980 to 1981. From 1981 to 1993 she held several positions with American Express Company, the last being executive vice president, corporate affairs and communications. From 1993 to 1996 Ms. Spero served as U.S. Undersecretary of State for Economic, Business and Agricultural Affairs, and she assumed her current position with the Doris Duke Charitable Foundation in 1997. She is a director of the Council on Foreign Relations, a member of the International Advisory Board of Toyota Motors and a trustee of Columbia University and the Wisconsin Alumni Research Foundation. Ms. Spero became an IBM director in 2004.
Total Compensation: $ —
Kenneth I. Chenault, 56, is chairman and chief executive officer of American Express Company, a financial services company. Mr. Chenault joined American Express in 1981 and was named president of the U.S. division of American Express Travel Related Services Company, Inc. in 1993, vice chairman of American Express Company in 1995, president and chief operating officer in 1997 and chairman and chief executive officer in 2001. Mr. Chenault became an IBM director in 1998.
Total Compensation: $ —
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Total Compensation: $ —
Shirley Ann Jackson, 61, is president of Rensselaer Polytechnic Institute. She is a member of IBM's Directors and Corporate Governance Committee. Dr. Jackson was a theoretical physicist at the former AT&T Bell Laboratories from 1976 to 1991, professor of theoretical physics at Rutgers University from 1991 to 1995 and chairman of the U.S. Nuclear Regulatory Commission from 1995 until she assumed her current position in 1999. Dr. Jackson is a director of FedEx Corporation, Marathon Oil Corp., Medtronic, Inc., Public Service Enterprise Group Incorporated and NYSE Euronext. She is a member of the National Academy of Engineering and a fellow of the American Academy of Arts and Sciences. Dr. Jackson is past president of the American Association for the Advancement of Science and a member of the Council on Foreign Relations and the American Philosophical Society. Dr. Jackson became an IBM director in 2005.
Total Compensation: $ —
Lucio A. Noto, 69, is a managing partner of Midstream Partners LLC, an investment company specializing in energy and transportation projects. He is chair of IBM's Audit Committee and a member of IBM's Executive Committee. Mr. Noto was chairman and chief executive officer of Mobil Corporation from 1994 until its merger with Exxon in 1999 at which time he was named vice chairman of Exxon Mobil Corporation. He held this position until his retirement in 2001. Mr. Noto is a director of Altria Group, Inc., Penske Automotive Group, Inc., and a member of the International Advisory Council of Temasek (Singapore) Inc. Mr. Noto became an IBM director in 1995.
Total Compensation: $ —
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Total Compensation: $ —
Mr. MacDonald was with GTE (now Verizon Communications), a telecommunications company, as executive vice president of human resources and administration until joining IBM in 2000. He was with GTE for 17 years holding positions of increasing responsibility. Before joining GTE, Mr. MacDonald held human resources positions at Ingersoll-Rand Corporation and Sterling Drug, Inc.
Total Compensation: $ 3.28 M
Doug Elix is senior vice president and group executive for IBM Global Services. He is responsible for the worldwide operation of IBM Global Services, the world's leading business and information technology services provider with approximately 170,000 professionals serving customers in 160 countries. IBM Global Services, which reported annual revenue of $36 billion in 2002, now includes IBM Business Consulting Services, the new business unit formed through the combination of PwC Consulting and IBM's Business Innovation Services unit. By integrating IBM's broad range of capabilities in services, consulting, hardware, software and research, IBM Global Services helps companies of all sizes improve business performance through information technology. Mr. Elix was named to his present position in October 1999 after serving as general manager, IBM Global Services - Americas, an organization covering the U.S., Canada and Latin America, beginning in July 1998. Prior to that, he was general manager, IBM Global Services - North America, beginning in December 1996. Earlier that year, he was appointed president and chief executive officer of Integrated Systems Solutions Corp. (ISSC), a wholly-owned services subsidiary of IBM. In 1994, he was named chief executive officer, IBM Australia, Ltd., having been director of operations for IBM Australia/New Zealand since 1991. He was named director of the finance industry for IBM Asia Pacific in 1990. Since joining IBM in 1969, Mr. Elix has held a broad range of positions in systems engineering, marketing, marketing management and general management in Australia and Asia/Pacific prior to his transfer to the United States in 1996. Mr. Elix has served on the boards of IBM Australia Limited, the Australian Information Industries Association and the Australian Institute of Management. He was also a member of the Business Council of Australia, and a member of the Prime Minister's National Information Services Council (NISC). He is a member of the IBM Operations Committee, the Worldwide Management Committee and the board of directors for Royal Bank of Canada. On February 27, 2008, IBM announced the retirement of Doug Elix, effective later this year.
Total Compensation: $ —
As senior vice president for IBM Strategy, J. Bruce Harreld is responsible for the formulation and execution of the company's overall strategy. He leads IBM's Strategy team, which focuses on near- and longer-term growth opportunities for the company. As part of this responsibility, Mr. Harreld heads IBM's Emerging Business Opportunity (EBO) program, a unique management system that has produced more than 20 new businesses for IBM over the past four years - including multi-billion-dollar businesses in Life Sciences, Linux, Pervasive Computing, and Digital Media. The EBO program has become a model for growth inside IBM, and has attracted the attention of leading business organizations, including Harvard Business School, which recently published a case study on the EBO program. Mr. Harreld also leads IBM's Strategic Leadership Forum (SLF), a management skills training program that assists executives in understanding their business in the context of broader market forces and breakthrough opportunities. The SLF recently produced a company-wide initiative called Winning Plays, which is helping fuel IBM's future growth. Under the direction of IBM Strategy, Winning Plays is now being implemented across the company, with senior IBM executives leading each play. Mr. Harreld is also a member of the Technology Team that examines the near- and longer-term technical developments and trends which could impact both IBM and the IT industry. Prior to joining IBM in 1995, Mr. Harreld was president of Boston Chicken, Inc., and an adjunct professor at Northwestern University's Kellogg Graduate School of Business Administration. He also held senior positions at Kraft General Foods, Inc., and began his career at The Boston Consulting Group. Mr. Harreld holds an MBA degree from Harvard University and a bachelor of science in industrial engineering and operational research from Purdue.
Total Compensation: $ —
Dr. John E. Kelly, III is senior vice president, research and intellectual property in IBM Systems & Technology Group. Dr. Kelly is responsible for developing, manufacturing and marketing IBM's microelectronics technologies, products and Engineering & Technology services. Prior to assuming his current role in August of 2000, Dr. Kelly was general manager of IBM's Microelectronics Division, responsible for IBM's worldwide microelectronics business, which offers customers the world's most advanced semiconductor products and designs. Dr. Kelly joined IBM in 1980. Between 1980 and 1990, he held numerous management and technical positions related to the development and manufacturing of IBM's advanced semiconductor technologies. In 1990, he was named director of IBM's Semiconductor Research and DevelopmentCenter. In 1994, he was appointed vice president of business process reengineering for the Microelectronics Division. In 1995, he was named vice president of systems, technology and science for the IBM Research Division. In this role, Dr. Kelly was responsible for the company's most advanced research activities. The following year, he was named vice president of strategy, technology and operations for the Microelectronics Division. In 1997, he was appointed vice president of server development (from work stations to supercomputers) for IBM, a position he held until January of 1999. Dr. Kelly received a Bachelor of Science degree in physics from UnionCollege in 1976. He received a Master of Science degree in physics from the Rensselaer Polytechnic Institute in 1978 and his Doctorate in materials engineering from RPI in 1980. Dr. Kelly is a board member and former chairman of the Semiconductor Industry Association, a Fellow of the Institute of Electrical and Electronics Engineers, and member of the Union College Board of Trustees.
Total Compensation: $ —
Jon Iwata is responsible for worldwide communications for IBM. His organization includes media relations, industry analyst relations, executive and internal communications, shareholder communications and IBM's global intranet, which serves the company's 320,000 employees. In addition, his team is responsible for instilling IBM Values into the company's practices and operations, and for coordinating IBM's corporate affairs initiatives. Jon is a member of the IBM Worldwide Management Council, the IBM Strategy Team, and the company's Privacy Executive Council. Jon reports to IBM Chairman and CEO Sam Palmisano. He joined the communications function of IBM in 1984 at the company's Almaden Research Center in Silicon Valley, where he was born and raised. In 1989, he came to IBM corporate headquarters in Armonk, New York, and held a variety of media relations and internal communications posts, including providing support for the president of the company. He was named Director of Corporate Public Relations in 1994 and was appointed a vice president the following year. He assumed his current responsibilities as senior vice president, communications, on January 1, 2002. Jon is a co-inventor of a U.S. patent for advanced semiconductor lithography technology. He holds a B.A. from the School of Journalism and Mass Communications, San Jose State University.
Total Compensation: $ —
Dr. Paul M. Horn oversees the world's largest and most prolific research organization dedicated to information technology, with 3,000 researchers at eight labs worldwide. Under Horn's leadership as senior vice-president and director, IBM Research has produced an unmatched string of technological breakthroughs, including the chess-playing supercomputer Deep Blue, the world's first copper chip, the giant magneto-resistive head (GMR) and strained silicon (a discovery that allows chips to run up to 35% faster). A solid state physicist by training, Horn has also led IBM Research into a distinctly cross-disciplinary Grand Challenge with project Blue Gene-- a $100 million dollar effort to build the world's first petaflop-scale computer for the express purpose of helping to understand how human proteins fold. In addition, Horn has implemented a unique management system which views as inextricably linked the need to conduct exploratory research and the delivery of marketplace-ready technology. Autonomic Computing seeks to define and build computing systems that reduce I/T complexity for users by functioning in a manner similar to our bodies, adapting automatically to a wide range of circumstances, but without conscious intervention. Such an approach, along with technologies that allow business processes to be modeled and optimized in real-time, will support the flexibility inherent in the vision for on demand enterprises. In 2002, Horn announced the formation of On Demand Innovation Services, an organization with IBM's Research division where scientists work directly with customers as consultants to gather real-word requirements and problems to fuel research projects. Horn views this as the vanguard for the next exciting area of I/T research. Horn was previously vice president and lab director of IBM Research's Almaden Research Center in San Jose, where he was credited with tightly linking research innovation with the corporation's storage and database development operations. Horn graduated from Clarkson College of Technology and received his doctoral degree in physics from the University of Rochester in 1973. Prior to joining IBM in 1979, Horn was a professor of physics in the James Franck Institute and the Physics Department and at the University of Chicago. Dr. Horn is a Fellow of the American Physical Society and was an Alfred P. Sloan Research Fellow from 1974-1978. He is a former Associate Editor of Physical Review Letters and has published over 85 scientific and technical papers. Horn has received numerous awards including the 1988 Bertram Eugene Warren award from the American Crystallographic Association, the 2000 Distinguished Leadership award from the New York Hall of Science, the 2002 Hutchison Medal from the University of Rochester, and the 2002 Pake Prize from the American Physical Society. In 2002 he was also named as one of America's top technical leaders by Scientific American Magazine. He is also a member of numerous professional committees including the Clarkson Industry University Board of Trustees, the UC Berkeley Industrial Advisory Board, the Gallaudet University Advisory Board, and is a trustee of the New York Hall of Science and the Committee for Economic Development.
Total Compensation: $ —
Robert W. Moffat, Jr. is senior vice president, integrated operations. Appointed to this position in February, 2002, Mr. Moffat leads IBM's end-to-end supply chain operations, including procurement, systems manufacturing, logistics and customer fulfillment processes for IBM worldwide. Prior to this appointment, Mr. Moffat was senior vice president and group executive of IBM's Personal and Printing Systems Group, where he was responsible for worldwide sales, development, manufacturing and marketing of Personal Computers, Printing Systems and Retail Store Solutions. Before that, he was vice president, finance and planning for the Enterprise Systems Group. Mr. Moffat joined IBM in 1978 and has spent the majority of his career in the PC business, where he has held a number of executive positions, including general manager of manufacturing, fulfillment & procurement initiatives. He led the team that pioneered the Advanced Fulfillment Initiative, co-location, and channel collaboration initiatives, which were awarded the 1999 Franz Edelman Award, the highest recognition for achievement in operational research and management sciences, and supply chain management. His team is also credited with dramatically improving the PC group's operations, quality, and asset efficiency, while lowering costs and restoring the business to profitability. Other positions at IBM include assistant general manager, finance, planning, and business support for the IBM PC Company in Europe, controller of customer fulfillment, and vice president of finance and planning. Mr. Moffat is a graduate of Union College in Schenectady, New York, with a B.S. degree in Economics. He also holds an MBA in Management Information Systems from Iona College in New Rochelle, New York.
Total Compensation: $ 3.56 M
Steve Mills was appointed Senior Vice President and Group Executive, IBM Software, in July 2000. In this capacity, he is responsible for shaping IBM's overall software strategy and directing IBM's $14 billion software business. Today, IBM's industry-leading middleware products power the e-business infrastructures of virtually every mid- to large-size company in the world and IBM holds the number one or two position in marketshare in all major software markets in which it competes according to industry analysts. Today, Mr. Mills is leading the next phase of IBM's software strategy through which IBM is delivering industry-specific middleware solutions to customers in 12 key industries. This includes the development and marketing of new industry-specific offerings as well as aligning IBM's software salesforce (the world's largest direct sales and support team with more than 13,000 people) along technical and industry lines. And Mr. Mills is leading a series of programs for Independent Software Vendors (ISVs) to help them deliver industry-vertical applications running on IBM's middleware. Mr. Mills has played a leading role in the growth of IBM Software Group since its inception in 1995. He was General Manager of IBM Software Group Strategy and Solutions, responsible for IBM's strategy for middleware and software solutions for e-business, as well as managing business units for Business Intelligence Solutions, Pervasive Computing, e-Commerce Solutions and Solution Technologies. He joined IBM in 1974 as a sales trainee in New York City and was a marketing representative until 1980. In 1981, he joined the business planning staff of the Data Processing Division and became manager of that function a year later. In 1984, he was named Administrative Assistant to the IBM Vice President and Assistant Group Executive of Plans and Controls in the Information Systems Group. He became Director of Planning in the Information Systems and Communications Group in 1985. In 1986, he was one of the executives responsible for starting IBM's Publishing Systems Business Unit. He became Director of Financial Planning at Corporate Headquarters in 1988. He joined the Programming Systems line of business in 1989 as Programming Systems Director of Operations. He was named Assistant General Manager, Finance and Planning, for that organization in December 1990, and in December 1992 became General Manager of the division's Santa Teresa Laboratory. In 1993 he became General Manager of IBM's Software Solutions Division.
Total Compensation: $ —
Bill Zeitler is presently senior vice president and group executive of IBM Systems Group. He was named to his present position in January 2003 when the Server and Storage Groups merged to form the newly created IBM Systems Group. Prior to this appointment, Mr. Zeitler was senior vice president and group executive for IBM's Server Group. Mr. Zeitler joined IBM in 1969 as a programmer in White Plains. His first executive assignment at IBM was as director of Application Business Systems, a precursor to AS/400. In the years following Mr. Zeitler held several executive positions in the marketing and services division before being named vice president, marketing AS/400. In November of 1996 Mr. Zeitler was named general manager, AS/400. During the next three years he was appointed as general manager, Server Brand Management, and general manager of Worldwide Software Sales and Marketing. In February 2000 he became general manager of IBM Enterprise Servers where he remained until he assumed the role of senior vice president, and group executive IBM Server Group in September of 2000. Mr. Zeitler received his BS in mathematics from Gannon University, Erie, Pennsylvania in 1969.
Total Compensation: $ —
Linda Sanford is Senior Vice President, Enterprise On Demand Transformation & Information Technology. In this role, Ms. Sanford is responsible for transforming IBM into the industry's premier on demand business by transforming IBM's core business processes, creating an IT infrastructure across IBM to support those processes, and helping to create a culture that recognizes the value that on demand leadership can bring to IBM, and that works towards that goal daily. Previously Ms. Sanford was Senior Vice President & Group Executive, IBM Storage Systems Group, where she drove IBM from fifth place in storage marketshare to second in two years. Prior to assuming that position, Ms. Sanford headed Global Industries, the IBM organization that manages relationships with IBM's largest customers worldwide and is responsible for generating about 70 percent of IBM's revenue. Before that, Ms. Sanford was General Manager of IBM's S/390 Division, which develops, manufactures and markets large-enterprise systems. During the early 1990s, she guided the S/390 Division through one of the most comprehensive product transformations the computer industry has ever seen, reinventing S/390 as an open, enterprise-level server for today's e-business applications. She has held a number of executive positions at IBM, including executive assistant to the Chairman of the Board and Director of IBM Networking Systems. One of the highest-ranking women at IBM, Ms. Sanford is a member of the Women in Technology International Hall of Fame and the National Association of Engineers. She has been named one of the 50 Most Influential Women in Business by Fortune Magazine, one of the Top Ten Innovators in the Technology Industry by Information Week Magazine, and one of the Ten Most Influential Women in Technology by Working Woman Magazine. Ms. Sanford serves on the Board of Directors of ITT Industries, St. John's University, and Rensselaer Polytechnic Institute. She also serves on the Board of Directors of the Partnership for New York City, The Business Council of New York State, Inc., and the Westchester Arts Council. Ms. Sanford is a graduate of St. John's University and earned an M.S. in Operations Research from Rensselaer Polytechnic Institute.
Total Compensation: $ —
Nick Donofrio is the leader of IBM's technology strategy and is a champion for innovation across IBM and its global ecosystem. His responsibilities include IBM Research, the Personal Systems Group, the Integrated Supply Chain and Integrated Product Development teams, Governmental Programs, Environmental Health and Product Safety, Quality, and IBM's enterprise on-demand transformation team. He also heads the IBM Technology Team, is a member of IBM's Strategy Team, and is chairman of the board of governors for the IBM Academy of Technology. In addition to his strategic business mission, Mr. Donofrio leads the development and retention of IBM's technical population and strives to enrich that community with a diversity of culture and thought. Mr. Donofrio joined IBM in 1967 and spent the early part of his career in integrated circuit and chip development as a designer of logic and memory chips. He held numerous technical management positions and, later, executive positions in several of IBM's product divisions. He has led many of IBM's major development and manufacturing teams -- from semiconductor and storage technologies, to microprocessors and personal computers, to IBM's entire family of servers. He earned a Bachelor of Science degree in Electrical Engineering from Rensselaer Polytechnic Institute in 1967 and a Master of Science in the same discipline from Syracuse University in 1971. In 1999 he was awarded an honorary doctorate in Engineering from Polytechnic University and in 2002 he received an honorary doctorate in Sciences from the University of Warwick in the United Kingdom. Mr. Donofrio is a strong advocate of education and vigorously promotes mathematics and science as the keys to economic competitiveness. He is particularly focused on advancing education, employment and career opportunities for underrepresented minorities and women. From 1997 through 2002, he served as Chairman of the National Action Council for Minorities in Engineering (NACME). He is the holder of seven technology patents and is a member of numerous technical and science honor societies. He is a Fellow of the Institute for Electrical and Electronics Engineers, Fellow of the UK-based Royal Academy of Engineering, a member of the Board of Directors for the Bank of New York, and he serves on the Board of Trustees at Rensselaer Polytechnic Institute. In 2002, Mr. Donofrio was recognized by the Institution of Electrical Engineers -- the largest professional engineering society in Europe -- with the Mensforth International Gold Medal for outstanding contributions to the advancement of manufacturing engineering. In 2003, he was named Technology Leader of the Year by IndustryWeek magazine, the Technical Executive of the Year by the University of Arizona, and he received the Rodney D. Chipp Memorial Award by the Society of Women Engineers for his outstanding contributions to the advancement of women in the engineering field.
