Intel's new CEO to receive $1 million

Intel's new CEO lands $66M pay deal, with stock performance conditions
The package includes a long-term equity grant valued at $14.4 million and a performance grant of $17 million in Intel shares, set to vest over five
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.
Intel's new CEO to receive $1 million as base salary
U.S. chipmaker Intel's new CEO Lip-Bu Tan will receive an initial base salary of $1 million, the company said in a regulatory filing on Friday. Tan, who will take charge on March 18, will also be eligible for an annual cash bonus with a target payout of 200% of his base salary.
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.
Intel Gets the Outsider CEO It Desperately Needs
After months of searching for a new CEO following the abrupt retirement of former CEO Pat Gelsinger, Intel (NASDAQ: INTC) has landed on Lip-Bu Tan. Tan led Cadence Design Systems, a provider of software for designing semiconductor chips,
Intel’s new CEO gets a $1 million salary plus $68 million in bonuses
Lip-Bu Tan will get a $1 million base annual salary for leading Intel, but his performance-related bonuses are worth so much more than that.
Intel gets a new CEO, investors start to doubt AI will pay off — but agents are on fire
Turning around Intel is a huge undertaking , especially if, as Tan said this week, he aims to keep both Intel design and foundry units. Even if TSMC might be interested in a joint foundry venture — a big if — it would take a miracle to keep Intel whole.
Inside the Mind of Intel’s New CEO: ‘Disrupt and Leapfrog’
Semiconductor veteran and former board member Lip-Bu Tan has returned to the company in a time of great need. The path ahead ...
Who is Intel’s New CEO? 5 Key Things to Know About Lip-Bu Tan
Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a ...
Intel’s New CEO Promises ‘The New Intel’ Will Be Better Than the Old One
Intel has a new boss. The new chief executive officer is Lip-Bu Tan, a former Intel board of directors member and chip ...
Five Things to Know About Intel’s New CEO
A veteran of the semiconductor industry, Lip-Bu Tan has an even longer track record as a technology investor, particularly in ...
Intel's new CEO tasked with turning around chip giant
Intel on Wednesday announced a new CEO, Lip-Bu Tan, will be taking the helm of the chipmaker. He is slated to assume the top ...
Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
Shares of Intel closed 14% higher on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as ...
Analysts love Intel’s CEO choice — but not enough to recommend buying the stock
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major ...
New Intel CEO Lip-Bu Tan has history as a successful underdog
Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.
Intel appoints chip industry veteran Lip-Bu Tan as CEO
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but ...
Intel names new CEO to lead the struggling chipmaker’s turnaround effort
Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the ...