New Delhi, March 15: Intel Corp.'s newly appointed CEO, Lip-Bu Tan, will receive a compensation package valued at approximately $69 million as he steps into his role on March 18.

His pay includes a base salary of $1 million, a 200 per cent performance-based bonus, and $66 million in long-term equity awards, stock options, and incentives, the company said in an exchange filing.슬롯 머신 사이트 추천Lip-Bu Tan Becomes New CEO of Intel, Sends This Message in His First Memo to Employees.

In addition to his compensation, Tan has committed to purchasing $25 million worth of Intel shares within his first 30 days in office. The company stated that this investment reflects his confidence in Intel슬롯사이트™s future and his commitment to enhancing shareholder value.

Tan, who previously served as an Intel board member, will also rejoin the board after stepping down in August 2024. He is taking over from Pat Gelsinger, with the key task of strengthening Intel슬롯사이트™s position in the semiconductor industry.

On his appointment as CEO, Tan expressed his enthusiasm, saying: "I am honoured to join Intel as CEO. I have great respect and admiration for this iconic company and see tremendous opportunities to reshape our business to better serve our customers and create value for our shareholders."

The announcement of Tan슬롯사이트™s appointment sparked a positive market response, with Intel슬롯사이트™s stock surging 15 per cent on Thursday. Overall, the company슬롯사이트™s shares have gained 20 per cent this year. Meanwhile, according to a report by market analyst Omdia last year, the US semiconductor giant may drop to fourth place in global chip sales for the first time in the third quarter (Q3) of 2024.슬롯 머신 사이트 추천Airtel슬롯사이트™s Sunil Mittal Welcomes Collaboration With Elon Musk슬롯사이트™s SpaceX To Bring Starlink in India To Boost Connectivity to Remote Parts, Offer Seamless Connectivity.

As per the report, SK Hynix is projected to generate a record revenue of $12.8 billion in the July-September period, overtaking Intel to become the world슬롯사이트™s third-largest chip manufacturer. This would be the first time SK Hynix has outperformed Intel since Omdia began tracking global semiconductor revenue in 2002, as reported by Yonhap News Agency.

(The above story first appeared on LatestLY on Mar 15, 2025 07:24 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).