Intel's new CEO receives $66 million in options and stock grants on top of $1 million salary
Lip-Bu Tan, who was named CEO of Intel this week, will receive $1 million in salary and about $66 million in stocks and grants vesting over the coming years.
Intel appoints Lip-Bu Tan as new CEO, stock up 12%
Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
Analysts love Intel’s CEO choice — but not enough to recommend buying the stock
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business both require major fixes.
Is Intel Stock a Buy as New CEO Takes the Helm? ‘Not Just Yet,’ Says Cowen
Intel (NASDAQ:INTC) has seemingly offered investors a never-ending barrage of headwinds to contend with – from manufacturing delays to
Intel Names Lip-Bu Tan Its New CEO, Sending the Chipmaker's Stock Soaring
Intel ( INTC) named Lip-Bu Tan its new CEO, sending the chipmaker's stock higher in after-hours trading Wednesday. Tan, who is set to take the helm of Intel as of next Tuesday, is the former CEO of Cadence Design Systems ( CDNS ), a semiconductor software company that counts Intel among its partners.
Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.
With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
Intel Stock Jumps After Chip Company Names New CEO
Intel named Lip-Bu Tan as its new chief executive, selecting a former board member and longtime industry executive to help turn itself around. Shares stood 15% higher in midday trading. 🔎 Dig deeper
Intel appoints chip industry veteran Lip-Bu Tan as CEO
Intel on Wednesday named former board member and chip industry veteran Lip-Bu Tan as its CEO and signaled the struggling but storied chipmaker was unlikely to split up its chip-design and manufacturing operations.
Intel’s (INTC) New CEO Brings Hope, but Analysts Are Still Cautious
Intel’s (INTC) appointment of Lip-Bu Tan as its new Chief Executive Officer has sparked optimism in the market. Following the announcement,
Five Things to Know About Lip-Bu Tan, Intel’s Next CEO
A veteran of the semiconductor industry, Lip-Bu Tan has an even longer track record as a technology investor, particularly in Chinese companies.
Intel's new CEO Lip-Bu Tan has a history as a successful underdog
Lip-Bu Tan may be one of the most powerful technology executives you've never heard of. As he steps into one of the highest-profile jobs on the planet, CEO of troubled, storied chipmaker Intel, his performance will be on full display.
‘Disrupt and Leapfrog’: Inside the Mind of Intel’s New CEO
Former board member Lip-Bu Tan is returning to overhaul the chip maker.
Intel values new CEO’s pay at $69 million
Intel lured new CEO Lip-Bu Tan with a package of stock grants and options valued at $66 million, plus $3 million in salary ...
Why Intel Stock Is Skyrocketing Today
Lip-Bu Tan will officially step into the CEO role on March 18, and the tech industry veteran will have his work cut out for him. Intel is facing tough competition in the chip design space, with the ...
As Intel welcomes a new CEO, a look at where the company stands
When Pat Gelsinger tool the helm at Intel in 2021, the company was already in rough shape. Here's what Intel's new CEO is ...