Intel is giving CFO Bob Swan a $3.27m stock grant vesting over 3 years “to reflect his role as interim CEO.”
5 replies (most recent on top)
3 percent raise baby, but executives get all they can baby
Deep State Beancounter Bob has literally done nothing as CEO and remains completely invisible. Very deserving of getting laid-off.
just like AB gave BK double digit raises to lie about 10nm.... engineers are told to s--- it up with minimal wage increases but mcm gets millions more even as they sink the company...
So well deserved for a few month's extra work when he already has an army of finance people to do the day to day work. He needs to stay around for the new CEO. The rest of the employees ... well, disposable and easy to replace with cheaper labor. Work for a big company and unless you're at the top, be happy with crumbs. That's the new Intel for the past 20 years.
As a shareholder only now, I just want the new CEO to flog the workers harder to bump the stock. I couldn't care about work/life balance, diversity, great place to work, etc. unless it accomplishes goal 1.
It would seem MR is not the chosen one then.