AMD CEO Su's pay rose 19% in 2018, two board members not up for re-election [MarketWatch]
Advanced Micro Devices, Inc. (AMD)
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Source: MarketWatch
AMD CEO Su's pay rose 19% in 2018, two board members not up for re-election Advanced Micro Devices Inc. AMD, +8.52% said late Thursday that its chief executive got a substantial rise in compensation in 2018 and that two board member are not up for re-election. In a proxy filing with the Securities and Exchange Commission, AMD said that CEO Lisa Su received $13.4 million in compensation in 2018 including her $961,000 base salary, up from $10.9 million in compensation in the previous year. Since Su was appointed CEO in October 2014, AMD shares have soared 965% compared with a 52% gain in the S&P 500 index SPX, +1.09% In 2018, AMD shares rose 80% as the S&P 500 shed 6%. AMD also said that board members Michael Inglis and Amhed Yahia are not nominated for re-election this year. AMD's annual stockholders' meeting is scheduled for May 15. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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