Dr. Lisa Su, chair and chief executive officer of AMD, earned nearly double what Intel CEO Pat Gelsinger did in 2023, according to new reports that discuss how Su, who has been described as one of America’s richest self-made women, made $30.35 million last year. Su is largely credited with having saved AMD, having joined back in 2014 to steer the ship when the company was “deader than dead.”
2023 CEO earnings:
- Dr. Lisa Su (AMD): $30.35 million
- Pat Gelsinger (Intel): $16.86 million
The specifics from MarketWatch:
- “Su’s salary last year was $1.2 million, and she had $21.85 million in stock awards, $5.84 million in option awards, $1.43 million in non-equity incentive plan compensation and $28,711 in all other compensation.”
- “Su’s all other compensation included contributions of $14,850 to her 401(k), $2.412 in life-insurance premiums paid, and ‘other’ compensation of $11,449, which was the cost of ‘spousal travel on company aircraft’ for business trips.”
- “…Gelsinger had total compensation of $16.86 million in 2023, or 45% more than his total 2022 compensation of $11.61 million.”
- “…Gelsinger’s 2023 salary fell 18% to $1.07 million, from $1.3 million in 2022, but the value of the stock awards he received increased to $12.43 million from $8.87 million, while his non-equity incentive plan compensation, which includes cash performance bonuses, jumped to $2.89 million from $945,900.”
That said:
…after he returned to Intel as CEO on Feb. 15, [Gelsinger] reaped total compensation of $178.59 million. That included “new-hire equity awards of a significant magnitude” — $140.43 million to be exact — so the company could hire “the best leader possible.”
Su’s credentials and accolades include:
…master’s and doctorate degrees in electrical engineering from the Massachusetts Institute of Technology (MIT). She has published more than 40 technical articles and was named a Fellow of the Institute of Electronics and Electrical Engineers in 2009. In 2018, Dr. Su was elected to the National Academy of Engineering and received the Global Semiconductor Association’s Dr. Morris Chang Exemplary Leadership Award. In 2020, Fortune named Dr. Su #2 on its “Business Person of the Year” list, she was elected to the American Academy of Arts & Science, and received the Grace Hopper Technical Leadership Abie Award. In 2021, she was recognized by the IEEE with its highest semiconductor honor, the Robert N. Noyce Medal, and was appointed by President Biden to the President’s Council of Advisors on Science and Technology. Dr. Su also serves on the board of directors for the Semiconductor Industry Association.
Discussion (4 replies)
Join Discussion →I mean this doesn't upset me. She's been behind a big turn around for AMD. Now if she starts slipping then fine reduce the rewards.
Makes me wonder. When - if ever - do all of us who supported AMD as "the little guy" or the "underdog" to promote competition in the marketplace do the same for Intel?
I would have a lot of pride swallowing doing so after everything they've done, but I think we are getting pretty close to where this might be necessary.
I've always gone for best performance per dollar. So if Intel competes in that arena I will be there. I don't hold a brand alliance.
Same here. No allegiance to brand.
I've switched back and forth a lot.
My main desktop has gone something like this (from memory without looking anything up)
1991 - Intel 286
1993 - Intel 486 sx 25
1995 - Pentium 120
1995 - Intel Pentium 150
2000 - AMD Duron 650
2000 - AMD Athlon 1200C
2001 - AMD Athlon XP 1800+
2002 - AMD Athlon XP 2000+
2003 - AMD Athlon 64 3000+
2009 - Intel Core i7-920
2011 - AMD Phenom II 1090T
2011 - Intel Core i7-3930K
2019 - AMD Threadripper 3960x
The kiddo and better half's builds have all mainly been AMD:
Kiddo: FX-8350 -> Ryzen 5 1600x -> Ryzen 7 3800xt -> Ryzen 7 5800x3d
Better Half: Ryzen 5 2400G -> Ryzen 7 5800x3d
I've put a variety of AMD APU's and Intel Celerons in my HTPC builds, before moving to ARM (Hardkernel ODroid N2+) for those.
My server history is something like: (again, quickly from memory)
2011 - AMD FX 8120
2014 - AMD FX-8350
2014 - Dual Socket Intel Xeon L5640
2019 - Dual Socket Intel Xeon E5-2620 v2
2019 - Dual Socket Intel Xeon E5-2650 v2
2023 - AMD EPYC 7543
First selection criteria is "what does what I need it to do best, within my budget and/or best price". As a tie-breaker - however - I tend to spend money with the underdog to benefit and keep the market healthy in my own tiny little (mostly insignificant) way.
For 25 years that has mostly meant AMD, but maybe that is no longer the case.