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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.

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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.

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