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.
The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.
Struggling U.S. chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18.
Intel Corporation stock rises as new CEO Lip-Bu Tan brings semiconductor expertise. Click for my updated view of whether INTC ...
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Lip-Bu Tan’s Net Worth Explained: Former Intel Board Member Who Left Over Disagreements Is Now CEOLip-Bu Tan, Intel's newly appointed CEO, has amassed a large net worth throughout his sweeping career. The semiconductor ...
In his letter to Intel employees, new chief executive officer Lip-Bu Tan, who starts his new job next Tuesday, tells them ...
With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
Intel shares surged Thursday after the struggling chipmaker named Lip-Bu Tan its new CEO, raising hopes for a turnaround.
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