Reported about 6 hours ago
Intel's newly appointed CEO Lip-Bu Tan will earn a base salary of $1 million and is eligible for an annual cash bonus of up to $2 million. He will start on March 18, 2025, taking on the challenging role of steering the company towards successful chip manufacturing and design. Tan's contract includes provisions for performance targets and stock awards under specific conditions, distinguishing it from the deal of former CEO Pat Gelsinger.
Source: YAHOO