IBM Files Definitive Proxy Statement

TL;DR

IBM proxy statement filed. Vote on directors & auditors soon.

AI Summary

International Business Machines Corp. (IBM) filed its definitive proxy statement (DEF 14A) on March 11, 2024, for its annual meeting of shareholders. The filing details the company's governance, executive compensation, and proposals to be voted on by shareholders. Key items likely include the election of directors and ratification of independent auditors.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions on company leadership and policies at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing providing information to shareholders and does not inherently present new risks.

Key Numbers

• 20240430 — Fiscal Year End (Reported period for the proxy statement)
• 127 — Document Count (Number of documents included in the filing)

Key Players & Entities

• International Business Machines Corp. (company) — Registrant
• 0001104659-24-032641 (filing_id) — Accession Number
• March 11, 2024 (date) — Filing Date
• 1 NEW ORCHARD ROAD, ARMONK, NY 10504 (address) — Company Address

FAQ

From the Filing

0001104659-24-032641.txt : 20240311 0001104659-24-032641.hdr.sgml : 20240311 20240311060652 ACCESSION NUMBER: 0001104659-24-032641 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 127 CONFORMED PERIOD OF REPORT: 20240430 FILED AS OF DATE: 20240311 DATE AS OF CHANGE: 20240311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL BUSINESS MACHINES CORP CENTRAL INDEX KEY: 0000051143 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570] ORGANIZATION NAME: 06 Technology IRS NUMBER: 130871985 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-02360 FILM NUMBER: 24736451 BUSINESS ADDRESS: STREET 1: 1 NEW ORCHARD ROAD CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 9144991900 MAIL ADDRESS: STREET 1: 1 NEW ORCHARD RD CITY: ARMONK STATE: NY ZIP: 10504 DEF 14A 1 tm2329614-d3_def14a.htm FORM DEF 14A tm2329614-2_nonfiling - none - 20.58907s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.    ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ​ ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ​ ☒ Definitive Proxy Statement ​ ☐ Definitive Additional Materials ​ ☐ Soliciting Material under §240.14a-12 ​ International Business Machines Corporation ​ (Name of Registrant as Specified In Its Charter)     ​ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required. ​ ☐ Fee paid previously with preliminary materials. ​ ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 ​ Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. TABLE OF CONTENTS TABLE OF CONTENTS   Armonk, New York March 11, 2024 Dear Fellow Stockholders: On behalf of the IBM Board of Directors, you are cordially invited to attend the Annual Meeting of Stockholders on Tuesday, April 30, 2024. Technology and Expertise IBM’s performance over the last two years, our improving trajectory, and return to shareholders over the last twelve months, make me optimistic about IBM’s future. We have an unwavering commitment to our clients’ success. We have refined our portfolio, expanded our ecosystem of partners, and enhanced productivity throughout IBM. I am proud of the innovations we are bringing to market in AI and hybrid cloud. In 2023, we launched watsonx, IBM’s flagship AI and data platform. Designed to manage the full lifecycle of AI for business, watsonx represents a leap forward in our ability to deliver end-to-end AI solutions. IBM’s industry-leading hybrid cloud platform, based on Red Hat OpenShift, helps enterprises unify their data and applications across multiple clouds, on premise, and at the edge. These platforms, alongside our consulting services, form the backbone of our strategy to enable trusted technology solutions across multiple environments. Watsonx is one example of how we are quickly transforming research into commercial applications. We also continued to enhance IBM Z and AI Ops solutions. And we unveiled our Quantum Heron processor, which improved the performance, efficiency, and scalability of the newly deployed IBM Quantum System Two. IBM also expanded our portfolio through strategic acquisitions, underscoring our commitment to invest in the success of our clients. Our innovations and financial momentum are enabling IBM to deliver greater va