Intel’s chief will earn $66 million in Stock Options
Intel’s new chief, Lip-Bu Tan, will receive a compensation package of about $1 million in salary and $66 million in stock options and grants that will vest over the next several years.
Tan’s appointment as Intel’s CEO raised expectations that the seasoned chipmaker could turn around the faltering business. Intel’s stock increased by almost 20% in 2025 amid Tan’s reign with most of those gains occurring this week.
In addition, the Intel chief will receive $17 million in Intel shares as a performance grant and stock units in a $14.04 million long-term equity grant. Tan won’t receive any of those shares if Intel’s stock price declines over the following three years, but both grants will vest over five years.
Tan’s compensation package includes salary, bonuses, legal fees, and approximately $66 million in long-term equity awards and options. According to the filing, Tan might qualify for accelerated vesting if Intel changes control.
According to an email comment from Intel, “Lip-Bu’s compensation is market competitive and reflects his experience and credentials as an accomplished technology leader with deep industry experience.”. Most of his pay is equity-based and linked to the value of shareholders’ long-term growth. Tan consented to buy and hold $25 million worth of Intel stock to qualify for the grants and bonuses.
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