IBM Corp.'s chairman and chief executive, Samuel J. Palmisano, enjoyed an 11 percent raise in compensation to $20.9 million in 2007, a year in which the technology company increased its profits and stock price.
In a regulatory filing Monday, IBM said Palmisano, 56, was paid $1.8 million in salary and $5.8 million in a bonus-like payout under IBM's incentive plan. He also got options and stock equivalents worth $12.3 million when they were issued.
Another $988,479 came to Palmisano through various perks, including $406,235 worth of travel on IBM aircraft, $364,162 in dividend …

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