AMD handed Lisa Su a massive pay package that will make her extremely wealthy. The chip company CEO will collect $33 million in stock options and $1.3 million in regular salary. Su must wait until 2028 to cash in her stock options if she performs well as the company leader. AMD stock jumped 28 percent during June after experts praised the company's future prospects. The semiconductor maker filed paperwork with government regulators revealing these eye-popping compensation details.
AMD fights against tech giants Intel and NVIDIA in different computer chip markets. The company steals customers from Intel with data center processors and challenges NVIDIA in graphics cards for gaming and artificial intelligence. AMD remains the only company besides NVIDIA that sells both consumer gaming cards and business AI accelerators. Wall Street analysts believe AMD could grab more market share when NVIDIA cannot meet customer demands or pricing needs.
Lisa Su earns more money than any other AMD executive under this new deal. Chief Technology Officer Mark Papermaster receives $870,000 in base pay compared to Su's higher amount. Chief Financial Officer Jean Hu takes home $800,000 as her regular salary. The stock awards follow the same pattern with Su getting the biggest chunk at $33 million. Papermaster and Hu will receive $10 million and $8.5 million respectively in stock compensation.
AMD will distribute these stock awards on August 15 based on the company's average share price over thirty days. Su's package contains 75 percent performance-based stock units and 25 percent time-based stock options. The performance stock vests between August 2025 and August 2028 depending on AMD's share price gains.
AMD fights against tech giants Intel and NVIDIA in different computer chip markets. The company steals customers from Intel with data center processors and challenges NVIDIA in graphics cards for gaming and artificial intelligence. AMD remains the only company besides NVIDIA that sells both consumer gaming cards and business AI accelerators. Wall Street analysts believe AMD could grab more market share when NVIDIA cannot meet customer demands or pricing needs.
Lisa Su earns more money than any other AMD executive under this new deal. Chief Technology Officer Mark Papermaster receives $870,000 in base pay compared to Su's higher amount. Chief Financial Officer Jean Hu takes home $800,000 as her regular salary. The stock awards follow the same pattern with Su getting the biggest chunk at $33 million. Papermaster and Hu will receive $10 million and $8.5 million respectively in stock compensation.
AMD will distribute these stock awards on August 15 based on the company's average share price over thirty days. Su's package contains 75 percent performance-based stock units and 25 percent time-based stock options. The performance stock vests between August 2025 and August 2028 depending on AMD's share price gains.
