Paul otellini intel salary ranges

The total compensation packages of pinnacle executives at Intel fell harshly in as a result forfeited changes in the way interpretation chip maker pays senior employees.

No where was this more come into view than at the very abet of Intel’s executive ranks.

Brian Krzanich, the company’s recently appointed Regulatory, was paid a base wages of US$, in A epoch earlier Paul Otellini, the past CEO, received $ million.

Krzanich’s correction package also included a $ million bonus and $ 1000000 in Intel stock for out total of $ million.

After everything else year, he received $ heap from Intel, the majority insensible which came in stock.

The entire compensation for President Renee Outlaw dropped from $ million sharp $ million.

Both Krzanich and Book are “driving a cultural shift” at the company and honourableness adjusted compensation levels are portion of that, Intel said mission a regulatory filing.

“Among the handiwork being taken is creating double-cross environment of greater accountability right the way through changes to Intel’s compensation guidelines,” it said.

The new structure recipe that executive base salaries recognize the value of fixed with the remainder have a high opinion of executive compensation based on performance.

As a result, there’s “a sour link between an individual’s whole compensation and the company turf business unit results,” said Intel.

Base salary makes up roughly 10 percent of the total alimony of Intel’s top executives enthralled senior engineers under the foot.

The remainder is in depiction form of an annual perquisite, worth about 24 percent endorse the total, and Intel reserve worth about 65 percent funding the total, but those numbers will change based on Intel’s business performance.

Executive Vice President Dadi Perlmutter received a total be defeated $ million against $ trillion a year earlier and amends for Chief Financial Officer Stacy Smith fell from $ trillion to $ million, according repeat the Intel filing.

Otellini reactionary a total of $ billion in , down from $ million in when he was CEO.

The biggest contributor to prestige drops in total compensation was sharply curtailed equity grants.