other material
confidence high
sentiment neutral
materiality 0.35
AMD approves base salary increases and new long-term incentive awards for CEO and three other executives
ADVANCED MICRO DEVICES INC
- CEO Lisa Su base salary rises to $1.26M from $1.2M effective July 1, 2024.
- CFO Hu, CCO Guido, Data Center GM Norrod get salary increases to $760K, $750K, $750K.
- Target equity award values: Su $28.68M, Hu $8M, Guido $6M, Norrod $7M; mix of PRSUs, options, RSUs.
- PRSUs vest based on relative TSR vs S&P 500 (0-200% of target) and non-GAAP EPS growth (0-50% adder).
- Stock options and RSUs vest quarterly over 4 years starting August 2025.