secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000002488-23-000040
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

AMD approves FY2022 cash bonuses for top executives; Su receives $918,800
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- Lisa T. Su, Chair, President and CEO, awarded $918,800 annual cash performance bonus for FY2022.
- Devinder Kumar (EVP, retired as CFO Jan 23, 2023) receives $346,250; Rick Bergman (EVP) $318,750.
- Darren Grasby (EVP, Chief Sales Officer) receives $301,650; Mark Papermaster (CTO, EVP) $375,000.
- Bonuses approved by Compensation Committee on Feb 14, 2023 and Board on Feb 15, 2023; payment in March 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248823000040/0000002488-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248823000040/amd-20230214.htm
  HTML page:      https://secwatch.observer/filing/0000002488-23-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer