CEO Name: Brian M. Krzanich
Publicly traded as: INTC
CEO Brian M. Krzanich. Source: Intel
Krzanich was appointed CEO of Intel Corporation on May 16, 2013, succeeding Paul S. Otellini. Intel’s Proxy Statement
was filed in April and thus includes information for CEO Otellini for fiscal year 2012. Krzanich was executive vice president and chief operating officer in 2012; his compensation as CEO is not yet available.
Base salary, Otellini: $1.2 million
Increase over previous year: 9 percent
Additional compensation: $9,940,400 in stock awards,$1,963,200 in option awards, $5,234,500 as part of a non-equity incentive compensation plan, a $130,000 change in pension value and non qualified deferred earnings, and $523,200 in other earnings.
Total payout: $18,991,300
Base salary, Kraznich:
Former Intel CEO Paul Ostinelli. Source: Intel
Increase over previous year: 25 percent
Additional compensation: $12,363,700 in stock awards, $883,500 in option awards, $1,800,900 as part of a non-equity incentive compensation plan, a $ 5,000 change in pension value and non qualified deferred earnings, and $115,100 in other earnings.
Total payout: $15,868,200
Intel’s pay-for-performance programs include performance-based cash compensation that “varies depending on financial and operational performance, and equity awards that vary in economic value depending on stock price and TSR performance.” Incentive cash payments are mostly determined by Intel’s annual financial results.