Intel's new CEO to receive $1 million

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.
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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Together, we will work hard to restore Intel’s position as a world-class products company, establish ourselves as a world-class foundry and delight our customers like never before,” Tan said in a letter to Intel employees on Wednesday.
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 storied chipmaker was unlikely to split up its chip-design and manufacturing operations.
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 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 Appoints Lip-Bu Tan as CEO with $1M Salary and Performance-Based Stock Awards
Intel (NASDAQ: INTC) has appointed Lip-Bu Tan as its new CEO, effective March 18, with a $1 million annual salary and up to $2 million in potential cash bonuses, according to a regulatory filing on Friday.
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 Names Lip-Bu Tan As New CEO, See How Much He Will Earn
Intel named its new CEO on Friday. The tech giant appointed Lip-Bu Tan as its new chief executive officer (CEO) and revealed that he would receive a base salary of $1 million along with an opportunity to earn an annual cash bonus of up to $2 million.
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Bu Tan as its new boss.
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