Components & Peripherals News
Intel’s 6 Most Highly Compensated Execs; Pat Gelsinger Leads
Mark Haranas
Here’s what Intel’s top six executives reported in total compensation in 2021, which amounted to over $230 million in combined total compensation.
No. 1: Pat Gelsinger
CEO
Total Compensation: $178,590,400
Intel’s new CEO Pat Gelsinger earned the most compensation of any Intel executive in 2021 at a whopping $178,590,400.
“Patrick Gelsinger is a world-class technology industry veteran,” said Intel in its SEC filing. “In early 2021, the Committee recruited Mr. Gelsinger with a substantial compensation arrangement that both accounted for his equity arrangements at his prior employer that he forfeited as a result of rejoining Intel and created a direct and compelling alignment with stockholder outcomes. He will not realize a significant portion of his compensation arrangement unless there is substantial value creation for the company.”
Gelsinger reported $140.43 million in stock awards last year. All other awards totaled $29.11 million.
He received a salary of $1.1 million as well as a $1.75 million bonus.
Gelsinger earned $5.11 million in Intel’s non-equity incentive plan compensation program, with all other compensation totaling $1.08 million.
In 2021, Gelsinger reported $178,590,400 in total compensation.
Comparatively, Intel’s former CEO Robert Swan reported $22.39 million in total compensation in 2020. Swan scored approximately $67 million in total compensation in 2019.
