Most of Bob's comp was stock based. Which is why Intel spent $10-12 BILLION dollars to buyback INTC stock in the past few years. If you at Intel's stock buyback history, this was the most spent on buybacks at at point of the company's history. So when Bob was buying more INTC personally, it wasn't because he had faith in INTC's future. It was because he was artificially pumping the INTC stock with $10-12B dollars each year. Imagine what the INTC price would be if he didn't artificially inflate the stock price?
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wow wtf Bob Swan make that much for nothing? he can take one dollar salary and see if he still working hard or not
@1ddg+18tb3AKm CEO with PhD from MIT compared to a CEO with an MBA from Binghamton can we guess who is kicking who’s butt?
Let’s not forget how much said company with MBA spent on RD only to delay and delay and delay
So Bob got a total comp of 125M+ for essentially doing jack. I could have jerked off to p–nhub for 2.5 years on a CEO comp of $10M/yr and I would have saved Intel more than $100M with the same results.
Since the week of June 29, 2018, the week BK stepped down for putting his peepee in the wrong hole, Intel's stock went from $48 then to $47.46. basically the market of cap of Intel, a company of 110k employees, went nowhere for 2.5 years, stuck at 195B. This is AFTER they poached ex-AMD stars like Raja and Jim. AMD with 10k employees under Lisa went from a market cap of 15B to 115B. In the same 2.5 year timeframe. Lisa curbed stomped Bob and the AMD and Qualcomm traitors.
You got a below expectations and a layoff. unfortunately you wont feel the pain with your undeserved salaries but your legacy is that YOU’RE a FAILURE.