Advanced Micro Devices CEO Rory Read receives $16M 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 $16M in total. 45% of Read's compensation, or $7M, was in option awards. Read also received $1.5M in bonus, $354K in salary, $6.7M in stock awards, as well as $26K 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% 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.
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Emilio Ghilardi
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Former Senior Vice President, Chief Sales Officer
Harry Wolin
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Rick Bergman
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Derrick Meyer
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Chief Executive Officer
Rory Read
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Chief Executive Officer
Mark Papermaster
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Thomas Seifert
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Source: SEC filing on March 15, 2012.