AMD’s Lisa Su became the highest paid CEO of S&P 500 last year

She brought AMD back from the brink of bankruptcy
She is the first woman annual reviewedited by Associated Press and administrative compensation analysis company Equilar, since it started in 2011
Su earned a total of $ 58.5 million in 2019 – about $ 13 million from the next highest paid CEO, Discovery Inc (discB) David Zaslav made $ 45.8 million. The work, published last week, examined the compensations of its CEOs. S&P 500 (SPX) Companies that have been in office for at least two years by the end of 2019.
Since the study looks at compensation packages from 2019, the results do not reflect the effects of the coronavirus pandemic that pushed many managers. to take back some or all of their compensation.

Su’s compensation rose sharply compared to the previous year – earning $ 13.4 million in 2018 – largely thanks to a one-time performance-based stock prize. In 2019, he earned $ 1 million in basic salary and $ 1.2 million in performance-based bonuses.

Leading the lead in AMD in 2014, Su bought a company on the verge of financial destruction and turned it into the best performance A great competitor for the S&P 500 and Intel. The semiconductor company is now producing technology to power cloud computing and gaming computers.

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

From the threshold of bankruptcy to 1,300% stock revenue: How this CEO turned around the company.
Su’s bold bets helped reverse the company. Success “from generation to generation”, General Manager of Rosenblatt Securities, Hans Mosesmann interviewed late last year.
Su is one of a handful of women leading large tech companies and one of the 20 women who made the Equilar list with a total of 329 executives. Also 20 Lockheed martin (LMT) Marillyn Hewson, General engines (GM) Mary Barra and ex IBM (IBM) CEO Ginni Rometty, who He resigned in April.

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

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In a broader sense, the research found that the median compensation for all executives surveyed increased 4.1% from 2018 to $ 12.3 million, but the growth rate was slower than the previous two years.

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About the Author: Abbott Hopkins

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