Lip-Baba Tan, eight earlier this week to Intel CEO, will receive a total of $ 1 million and another $ 66 million in stock options and grants that will be aligned over the next few years, in accordance with the report submitted to the US Securities Authority (SEC) yesterday.
Tan’s appoint Intel : The company’s stock jumped by almost 20% since the beginning of 2025 – most of the increases occurred this week, in the background of the appointment. Tan will start his job next week, and he will be entitled to an annual $ 2 million annual bonus.
According to the report, Tan will also receive stock units under a long-term $ 14.4 million grant, as well as a $ 17 million performance-based grant in Intel shares. Both grants will mature over five years, and Tan will not receive any of the shares if Intel’s share price has dropped over the next three years. He will be able to earn more shares if the company’s share value exceeds market performance.
According to CNBC, Tan will receive a $ 9.6 million option package, as well as additional $ 25 million options.
In total, Tan’s reward package includes $ 66 million in grants and options in addition to wages, bonuses and legal expenses. If Intel control is changed, Tan’s options will rush.
“Lip-Bo’s reward reflects his experience and skills as a skilled technological leader with in-depth attempt in the industry, and is compatible with market conditions,” Intel announced. “The vast majority of reward is based on equity and depends on creating long -term value for shareholders,” they added.
Tan agreed to purchase $ 25 million in Intel shares and hold them to be eligible for grants and bonuses.
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