Advanced Micro Devices CEO Rory Read receives $15.6M in 2011

Advanced Micro Devices reports 2011 executive compensation

By ExecPay News

Published: March 15, 2012

Advanced Micro Devices reported fiscal year 2011 executive compensation information on March 15, 2012.
In 2011, seven executives at Advanced Micro Devices received on average a compensation package of $5.4M, a 39% increase compared to previous year.
Average pay of disclosed executives at Advanced Micro Devices
Rory P. Read, Chief Executive Officer, received $15.6M in total. 44.54% of Read's compensation, or $7M, was in option awards. Read also received $1.5M in bonus, $353.8K in salary, $6.7M in stock awards, as well as $25.8K in other compensation.
Derrick R. Meyer, Chief Executive Officer, received a compensation package of $8.8M, which increased by 58% compared to previous year. 99.05% of the compensation package, or $8.7M, was in other compensation.
Thomas J. Seifert, Chief Financial Officer, earned $3.8M in 2011, a 11% increase compared to previous year.
Mark D. Papermaster, Chief Technology Officer, received $3.3M in 2011.
Rick Bergman, Former Senior Vice President and General Manager, Products Group, earned $2.3M in 2011, a 33% decrease compared to previous year.
Emilio Ghilardi, Former Senior Vice President, Chief Sales Officer, received $2.1M in 2011, which decreases by 40% compared to 2010.
Harry A. Wolin, General Counsel, earned $2M in 2011, a 26% decrease compared to previous year.
Advanced Micro Devices' fiscal year ends on December 26.

Related executives

Emilio Ghilardi

Advanced Micro Devices

Former Senior Vice President, Chief Sales Officer

Harry Wolin

Advanced Micro Devices

General Counsel

Rick Bergman

Advanced Micro Devices

Executive Vice President, Computing and Graphics Business Group

Derrick Meyer

Advanced Micro Devices

Chief Executive Officer

Rory Read

Advanced Micro Devices

Chief Executive Officer

Mark Papermaster

Advanced Micro Devices

Chief Technology Officer

Thomas Seifert

Advanced Micro Devices

Chief Financial Officer

You may also like

Source: SEC filing on March 15, 2012.