Intel Shareholders Approve Key Corporate Measures, Including New CEO Pay

Published 3 hours agoINTC

Intel Shareholders Approve Key Corporate Measures, Including New CEO Pay

Intel shareholders have recently given their nod to pivotal corporate measures during the annual meeting. One significant approval was for an equity incentive plan designed to increase share reserves, a move aimed at attracting and retaining talent. Additionally, a new compensation package was sanctioned for Intel's CEO Lip-Bu Tan, who was appointed in March 2025. This package will include $42 million in stock-based compensation, hinging on the company's performance, as reported by Reuters.

Reinforcing corporate stability, Intel's board of directors saw a re-election, although three members opted not to seek re-election. In a notable decision, shareholders rejected three proposals related to corporate governance and operations in Israel. Despite these strategic movements, Intel has seen a dip in its stock performance, declining by 1.6%, contributing to an overall 36% drop over the past year, highlighting investor concerns.

Looking ahead, CEO Lip-Bu Tan plans to implement a strategic restructuring of Intel by flattening its leadership hierarchy and focusing on revitalizing the artificial intelligence segment. Despite the stock's current price of $19.93, down slightly by $0.34 from the previous day, Intel is positioning itself for long-term growth amid industry challenges, all while keeping a close eye on innovation and talent acquisition.

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