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ATTEND Lol The chief executive eleg-bu tan, pointed to the position this week, can receive a paid amount of about $ 69 million when he reaches targets in the coming years.
The package includes a salary of $ 1 million, plus a 200% performance-based bonus, the chipmaker said on a filing Friday. It also includes $ 66 million in long-term equity awards and stock options and new hire incentives.
In fact, Tan agreed to buy $ 25 million in Intel parts for the first 30 days of getting the job. “Purchase of lip-bu promotes his faith in Intel and commitment to make a shareholder value,” the company said in a statement.
In the past this week, Intel announced Tan Tan the filled role left vacant when the board was driving his or her first, Pat Gelsinger. The veteran of the semiconductor industry, which previously served as a member of the Intel Board, was assigned to try to return to the company ahead of an industry that has reigned in decades.
Tan, 65, claim the paper on March 18, the company said Wednesday. He also enjoys the board after walking on August 2024.
Intel stock rally this year, gaining 20%, including an outflow of 15% last Thursday after Tan’s appointment announcement.
This story originally shown Fortune.com
