Intel's new CEO to receive $1 million

Intel's new CEO receives $66 million in options and stock grants on top of $1 million salary
Lip-Bu Tan, who was named CEO of Intel this week, will receive $1 million in salary and about $66 million in stocks and grants vesting over the coming years.
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Intel's new CEO to receive $1 million as base salary
U.S. chipmaker Intel's new CEO Lip-Bu Tan will receive a salary of $1 million and be eligible for an annual cash bonus of up to $2 million, the company said in a regulatory filing on Friday.
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Intel named Lip-Bu Tan as its new chief executive, selecting a former board member and longtime industry executive to help turn itself around. Shares stood 15% higher in midday trading. 🔎 Dig deeper
Intel discloses new CEO’s pay package — and a requirement he buy the company’s stock
Intel lured new CEO Lip-Bu Tan with a package of stock grants and options valued at $66 million, plus $3 million in salary and cash bonuses, the chipmaker reported late Friday. In addition, Tan will receive annual stock awards valued at no less than $24 million beginning next year.
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Intel values new CEO’s pay at $69 million
Intel lured new CEO Lip-Bu Tan with a package of stock grants and options valued at $66 million, plus $3 million in salary ...
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