Reply to post: Re: "We take feedback very seriously..."

Intel shareholders revolt against Pat Gelsinger's pay package

DS999 Silver badge

Re: "We take feedback very seriously..."

I feel that paying the execs partly in shares with an obligation to hold them for at least X years

IIRC Gelsinger doesn't get the shares for five years, and the award is dependent on the share price so if it isn't higher than when they were issued he doesn't get them at all. If so he'd have to get by with his salary which is "only" a few million a year.

When Tim Cook got his eye popping pay package when he took over for Jobs, part of his shares would be awarded after five years and part of them after ten. While he may have been paid an insane amount of money, as a long time Apple shareholder I have no complaints with his performance or compensation - especially given the number of analysts who felt Apple was "done" without Jobs.

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