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Intel's new CEO, Lip-Bu Tan, will receive a $1 million annual salary and approximately $66 million in stock options and grants, as disclosed in an SEC filing. His compensation package includes $14.4 million in long-term stock grants, $17 million in performance-based grants, and a $25 million new hire grant. Tan, who starts next week, is also eligible for a $2 million annual bonus and has committed to purchasing $25 million in Intel shares to qualify for his grants and bonuses.
Intel's new CEO, Lip-Bu Tan, will receive a $1 million annual salary and approximately $66 million in stock options and grants, as disclosed in an SEC filing. His compensation package includes $14.4 million in long-term stock grants, $17 million in performance-based grants, and a $25 million new hire grant. Tan, who starts next week, has committed to purchasing $25 million in Intel shares, aligning his interests with long-term shareholder value.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Lip-Bu Tan
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Intel's new CEO to receive one million salary and sixty six million in stock
02:12 16.03.2025
Intel's new CEO to receive one million salary and sixty six million in stock
02:12 16.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
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