Intel appointed a new CEO this week after ousting Pat Gelsinger in late 2024, finally giving it a permanent chief executive. Lip-Bu Tan will take the helm of the tech giant, and he’ll be paid handsomely for his efforts.
According to a CNBC report, Mr. Tan will receive $1 million as part of his annual base salary and a yearly bonus of $2,000,000. In comparison, Gelsinger had an annual base salary of $1.25 million with cash bonuses that span up to 275%.
