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Incoming Intel This week’s position, called the Corp. executive Lip-Tan, will receive a cost of about $ 69 million in the coming years.
The package includes a $ 1 million salary, and the 200% performance-based bonus, ChipMaker said on Friday on Friday. This includes long-term capital prizes and stock options and new rental incentives are $ 66 million.
Separately, Tan agreed to receive $ 25 million in Intel shares in the first 30 days when work was done. “It reflects the belief in the establishment of the lip-this sake, Intel and share value,” he said. The company said in a statement.
Earlier this week, when he is overthrown of Intel, wood, wooden predecessor, pat gelingeri, the role of an empty role was evacuated. The semiconductor industrial veteran, which previously served as a member of the Board of Intel, was instructed to try to return the company to an industry in decades.
The company said on Wednesday that he will receive the role on March 6, 65. On August 2024, it will be re-connected to the board.
Intel’s shares increased 20%, including 15%, including 15% increase on Thursday after the announcement of Tan.
This story was first displayed Fortune.com