But what about Nvidia’s CEO?
New figures have claimed Intel CEO Pat Gelsinger saw a significant increase in his earnings in 2023, but it was still only just over half of what Lisa Su, CEO of rival company AMD, made.
According to MarketWatch, Gelsinger’s total compensation in 2023 was $16.86 million, a 45% increase from his 2022 earnings of $11.61 million, as revealed in Intel’s 2024 proxy statement. In contrast, Su’s total compensation for 2023 was $30.35 million, barely above her 2022 compensation of $30.22 million.
The increase in Gelsinger’s pay came despite an 18% drop in his salary to $1.07 million. However, the value of his stock awards increased to $12.43 million, and his non-equity incentive plan compensation jumped to $2.
