AMD’s Lisa Su was the highest-paid CEO in the S&P 500 last year

She brought AMD back from the brink of bankruptcy
She is the first woman to head the annual review, compiled by The Associated Press and the executive compensation analysis firm Equilar, since it started in 2011
Su earned a total of $ 58.5 million in 2019, nearly $ 13 million more than the next highest-paid CEO, Discovery Inc’s (DISK) David Zaslav, who earned $ 45.8 million. The study, published last week, examined compensation for CEOs of S&P 500 (SPX) companies that had performed their duties for at least two years at the end of 2019.
Because the study looked at 2019 compensation packages, the results do not reflect the impacts of the coronavirus pandemic, which has led many executives to give up some or all of your compensation.

Su’s compensation increased sharply from the previous year: He earned $ 13.4 million in 2018, thanks in large part to a one-time performance-based stock award. In 2019, he earned $ 1 million in base salary and a performance-based bonus of $ 1.2 million.

After taking the helm at AMD in 2014, Su took over a company on the brink of financial ruin and made him a high performance player in the S&P 500 and a formidable competitor to Intel. The semiconductor company is now creating the technology to power cloud computing and gaming computers.

During 2019 alone, AMD’s shares grew 156%.

Su’s bold bets helped change the company. Its success is a “once in a generation thing,” said Rosenblatt Securities managing director Hans Mosesmann in a interview late last year.
Her is one of the few women leading the big technology companies and is one of the 20 women who were part of the Equilar list, which had a total of 329 executives. Also included in that 20 are Lockheed Martin’s (LMT) Marillyn Hewson, General engines’ (GM) Mary Barra and ex IBM (IBM) CEO Ginni Rometty, who resigned in April.

The study showed that the average compensation for female executives was $ 13.9 million, compared to $ 12.3 million for male executives, although there were far fewer women than men on the list.

READ  France could be positioned below 2nd lockdown if scenarios retain soaring, PM warns¬†

More generally, the study found that the average compensation for all executives surveyed reached $ 12.3 million, 4.1% more than in 2018, although the growth rate was slower than in the previous two years.

You May Also Like

Cary Douglas

About the Author: Cary Douglas

Wayne Ma is a reporter who covers everything from oil trading to China's biggest conglomerates and technology companies. Originally from Chicago, he is a graduate of New York University's business and economic reporting program.

Leave a Reply

Your email address will not be published. Required fields are marked *