https://www.reuters.com/technology/intel-shareholders-reject-executive-compensation-plan-filing-2021-05-19/
In a statement, Intel said it "has a long-standing commitment to pay-for-performance, which holds executive officers accountable for business results and rewards them for consistently strong corporate performance and the creation of stockholder value ... "
Intel shareholders also rejected a proposal for a report on median pay gaps across race and gender within the company.
10 replies (most recent on top)
This thread is about Intel layoffs, not compensation.
Mostly, we are smart peasants, who get laid off, but from time to time visit the board, because we care, others, certainly not smart people but know Intel politics very well and know, say, when to escape from a "trouble" group (potential target for elimination). They find another protection under another manager, weak intellectually, but politically strong having protection and coverage in high echelons of Intel power. You may always recognize them seeing how they move from room to room discussing the ways of how to maintain their presence at Intel for the sake of their own interests. They do not care of the peasants and think only about themselves.
Intel is still selling 14 nm … in different form and now wants others to use this great process
Good this company is performing POORLY compensation should be reduced until when and if it turns around. I doubt supertalker Pat will be able to do sh-t
What the h is Raja still doing there?
It's GB
Raja or Navin? Tom?
They are basically saying ....um ok we appreciate your diversity initiative ....but enough smoke and mirrors your number one goal is to take the lead back from TSMC. This needs to be done regardless of how diverse your workforce is.
who is the exec?
We announced years ago that the pay gap was fixed. Why are we proposing a report on it? To see if we ended up in the other direction?
REJect. Time to stop milking executives.