15/3/2025, 12:11:03 pm

Intel’s new CEO gets pay package valued at about $69 million

Incoming Intel CEO Lip-Bu Tan will receive a compensation package valued at $69 million, including a $1 million salary, performance-based bonuses, and $66 million in equity awards. Tan also agreed to buy $25 million in Intel shares. His appointment follows Pat Gelsinger's ousting, and Intel's stock has surged 20% this year, including a 15% rise after his hiring was announced.