Intel appoints Lip-Bu Tan as its new CEO, offering him a $1 million salary and a potential $2 million annual cash bonus. Tan’s contract includes significant stock awards under specific conditions, contrasting Pat Gelsinger’s previous terms.

Intel appoints Lip-Bu Tan as its new CEO, offering him a $1 million salary and a potential $2 million annual cash bonus. Tan’s contract includes significant stock awards under specific conditions, contrasting Pat Gelsinger’s previous terms.