- Taking a page from the private equity playbook, Intel is requiring its new CEO to put some skin in the game. Lip-Bu Tan has agreed to buy $25 million worth of Intel stock with his own money. And here’s the rub: he won’t get paid if he cashes in. However, if he smashes the lights out with his performance, his pay package has a potential value—which assumes hitting every possible goal at the highest level—of more than $400 million, according to an analysis conducted by Farient Advisors. And for shareholders, that would mean Intel’s market cap grew by $208 billion to a whopping $312 billion.
Intel CEO Lip-Bu Tan had his first day on the job on Monday, and the challenge the chip industry veteran faces is staggering.
