Components & Peripherals News
These Were Intel’s 6 Most Highly Compensated Executives In 2020
A breakdown of Intel’s top compensated executives from last year. Their collective pay recently received a symbolic vote of disapproval from the chipmaker’s shareholders.
George S. Davis
George S. Davis, who became executive vice president and CFO of Intel in April 2019, was the company’s fourth most compensated executive last year.
Davis earned a base salary of $900,000 in 2020, which was higher than the previous year because 2020 was his first full year on the job. He earned $1.6 million in non-equity incentive pay last year, which was higher than the $1.2 million he received the year before. He also earned a $1 million bonus, which was the second installation of a sign-on cash bonus. He received $157,400 in other compensation, which included retirement plan contributions and relocation benefits, among other things.
For equity compensation, Davis received $7 million in stock awards in 2020, which was less than 40 percent of the nearly $18.2 million he received the year before.
His total compensation in 2020 was $10.7 million, a little more than a third of the $29 million in total compensation he received in 2019.