AMD Gives CEO Lisa Su $36M Equity Reward After Best Year
AMD increased CEO Lisa Su's base salary from $1.32M to $1.38M and awarded her $36M in equity after the company's stock had its best year in a decade, reflecting the board's confidence in her leadership.
Key Numbers
Advanced Micro Devices (AMD) announced an increase in CEO Lisa Su's base salary from $1.32 million to $1.38 million, along with a $36 million equity award. The compensation comes after AMD stock posted its best annual performance in a decade, underscoring the board's confidence in her leadership.
Compensation Package Details
- New base salary: $1.38 million (increase of $60,000).
- Equity award: $36 million in stock.
- Total approximate value: $37.38 million.
About Lisa Su
Lisa Su has been AMD's CEO since 2014, leading the company through a dramatic turnaround from losses to profitability, focusing on Ryzen and EPYC processors. Under her leadership, AMD's stock has surged over 3000%.
Reasons for the Change
AMD did not provide specific reasons for the increase, but it follows strong stock performance: AMD shares more than doubled over the past year, outperforming sector indices and competitors like Intel and NVIDIA in certain periods.
Impact on the Company
The compensation package reflects AMD's commitment to retaining top executive talent in a highly competitive market. It also signals management stability to investors.
Market Reaction
AMD stock saw no significant move following the announcement, as focus remained on upcoming quarterly results. The stock trades near its all-time highs.
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