leadership
confidence high
sentiment neutral
materiality 0.50
AMD boosts exec salaries, grants $24M in equity to CEO Su; Grasby named EVP Strategic Partnerships
ADVANCED MICRO DEVICES INC
- Annual base salaries for CTO Mark Papermaster and President Victor Peng increased to $800K and $930K, effective July 1, 2023.
- CEO Lisa Su receives $24M long-term equity award (75% PRSUs, 25% stock options) under 2023 Equity Incentive Plan.
- CFO Jean Hu and others receive equity mix of 60% PRSUs, 20% options, 20% RSUs; Darren Grasby gets 33/67 split.
- Darren Grasby transitions from Chief Sales Officer to EVP, Strategic Partnerships, effective July 10, 2023.
- PRSUs tied to relative TSR vs S&P 500 and non-GAAP EPS growth; vesting period through August 2026.