Several large pension funds and proxy advisory firm Institutional Shareholder Services are against ratifying the compensation of Virginia Rometty, CEO of International Business Machines Corp., and four other top executives.

Ms. Rometty's total pay rose to $50.9 million in fiscal year 2017, up from $20.8 million in fiscal year 2016, according to a report last month from ISS. The pay of the four other executives named in the management proposal ranged from $7.3 million to $9 million in fiscal year 2016. READ MORE