1757 ET - Intel's new CEO, Lip-Bu Tan, will receive an initial base salary of $1 million, according to a recent filing with the Securities and Exchange Commission. In addition to his base salary, Tan will be eligible for an annual incentive cash bonus with a target payout of triple his base salary. He will also be granted long-term incentive equity awards and new-hire equity awards, resulting in various performance-based stock options and awards, the filing shows. (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 14, 2025 17:57 ET (21:57 GMT)
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