Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Intel Corporation    INTC

INTEL CORPORATION

(INTC)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Big Pay, Short Stays for Hardware Chiefs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/04/2018 | 09:05am EDT

By Patrick Thomas

It's been a volatile year at the top of the semiconductor and hardware business.

Four of the 21 largest such firms in the S&P 500 sector switched CEOs this year, and some of them were among the highest paid in the industry, according to The Wall Street Journal's analysis of pay data from MyLogIQ LLC.

Intel Corp. CEO Brian Krzanich resigned in June for violating company policy by having a relationship with a co-worker. Mr. Krzanich was the second-highest paid of the group at $21.5 million.

Texas Instruments Inc. changed CEOs in July when Brian Crutcher resigned for violating the company's code of conduct related to personal behavior. Richard Templeton, who had stepped down as chief in January after 14 years in the role, reassumed his previous duties and made about $16.5 million in 2017.

Xerox Corp.'s Jeffrey Jacobson, who was forced to resign as CEO earlier this year amid pressure from activist investors, was paid $9.5 million in his first and only full year as head of the company. His ouster came after Xerox backed out of a merger deal with Fujifilm Holdings Corp.

Meg Whitman, who left Hewlett Packard Enterprise Co. last November and moved to Los Angeles for a job running a mobile video startup called NewTV, was the third highest-paid CEO in the sector at $17.1 million. From 2011 to 2015, Ms. Whitman was CEO of Hewlett-Packard Co., overseeing the separation of the company into Hewlett Packard Enterprise and HP Inc.

Turnover aside, most companies in the chips and hardware group performed well, with a median shareholder return of 31.8%, well above the overall S&P 500's shareholder return of 19%. Total shareholder return reflects share-price appreciation and dividends.

Only two companies of the 21 in the sector posted negative shareholder returns for 2017. Qualcomm Inc. was one of them, with a shareholder return of negative 21.4%; the other was Advanced Micro Devices Inc. at negative 9.3%. Qualcomm CEO Steven Mollenkopf made $11.6 million for the year. AMD's CEO, Lisa Su, made $10.9 million.

The median pay for the group's CEOs was about $12.8 million, slightly above the median pay for the whole S&P 500 of $12.1 million.

Hock Tan, chief executive of the semiconductor company Broadcom Inc., was the highest-paid boss in the sector and in the entire S&P 500 with more than $103 million in compensation, quadrupling what he made the previous year.

Mr. Tan's compensation mostly consisted of $98 million in stock as part of a long-term equity award linked to company performance, according to regulatory filings.

"Over the last five years, Broadcom has generated total shareholder return of more than 550%. Mr. Tan's compensation package is clearly aligned with and designed to drive sustained shareholder value," a company spokesman said.

Broadcom's shareholder returns for 2017 were 58%.

The Journal analysis excluded CEOs who changed jobs during the year or served less than a full year. See the full list of chip and hardware companies here:

Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES -1.15% 25.7 Delayed Quote.39.22%
BROADCOM INC -1.90% 291.03 Delayed Quote.14.45%
DJ INDUSTRIAL -0.55% 25745.67 Delayed Quote.10.37%
HEWLETT PACKARD ENTERPRISE -0.06% 15.87 Delayed Quote.20.14%
INTEL CORPORATION -0.65% 53.82 Delayed Quote.14.68%
NASDAQ 100 0.43% 7380.75372 Delayed Quote.16.10%
NASDAQ COMP. 0.07% 7728.968235 Delayed Quote.16.41%
QUALCOMM 0.33% 57.16 Delayed Quote.0.44%
S&P 500 -0.29% 2824.23 Delayed Quote.12.66%
TEXAS INSTRUMENTS -0.35% 109.63 Delayed Quote.16.01%
XEROX CORP 0.41% 32.01 Delayed Quote.61.99%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTEL CORPORATION
10:15pINTEL : Spotlights PC Gaming Innovation at 2019 Game Developers Conference
PU
10:10aINTEL : College Basketball Gets Smarter with Keemotion and Intel Artificial Inte..
PU
09:37aNEW FRON : Intel - Driving the New Memory and Storage Frontier in 2019
AQ
03/19INTEL : Driving the New Memory and Storage Frontier in 2019
PU
03/19INTEL : Department of Energy - U.S. Department of Energy and Intel to Build Firs..
AQ
03/19Chip Stocks' Fate Hinges on Trade Deal -- WSJ
DJ
03/18Huawei leads Asian domination of U.N. patent applications in 2018
RE
03/18INTEL : Says It's Working with Cray on Supercomputer for Energy Dept
DJ
03/18INTEL : US Department of Energy and Intel to Deliver First Exascale Supercompute..
PU
03/18Project Aurora - U.S. government, Intel aim for nation's fastest computer
RE
More news
Financials ($)
Sales 2019 71 099 M
EBIT 2019 23 873 M
Net income 2019 19 567 M
Debt 2019 13 664 M
Yield 2019 2,27%
P/E ratio 2019 12,62
P/E ratio 2020 12,08
EV / Sales 2019 3,62x
EV / Sales 2020 3,45x
Capitalization 244 B
Chart INTEL CORPORATION
Duration : Period :
Intel Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTEL CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 38
Average target price 52,8 $
Spread / Average Target -2,5%
EPS Revisions
Managers
NameTitle
Robert Holmes Swan Chief Executive Officer, Director & Executive VP
Andy D. Bryant Controller
Ann-Marie Holmes Vice President-Operations & Manufacturing
Todd Underwood Chief Financial Officer & Vice President
Ann B. Kelleher Senior VP-Technology & Manufacturing Group
Sector and Competitors
1st jan.Capitalization (M$)
INTEL CORPORATION14.68%243 602
TAIWAN SEMICONDUCTOR MFG. CO. LTD.--.--%202 410
BROADCOM INC17.71%118 481
NVIDIA CORPORATION31.62%106 480
TEXAS INSTRUMENTS16.42%103 267
MICRON TECHNOLOGY27.23%45 257