Intel CEO pay rises to US$19.1mil as security costs climb

Brian Krzanich, chief executive officer of Intel Corp., speaks during the company's press event at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 4, 2017. Intel, trying to convert its dominance of computers into a stake in the growing market for chips used in cars, is offering automakers new products aimed at making its technology crucial to the effort to develop self-driving vehicles. Photographer: Patrick T. Fallon/Bloomberg

Intel Corp boosted chief executive officer Brian Krzanich’s compensation package 30% to US$19.1mil (RM84.75mil) last year, fuelled by a bigger stock award and costs for his personal security arrangements. 

Intel’s board awarded Krzanich, 56, stock worth US$11.7mil (RM51.91mil), a 20% increase from 2015, according to a proxy statement April 6. The CEO also received US$1.25mil (RM5.54mil) in salary, US$3.7mil (RM16.41mil) in bonuses, about US$2.13mil (RM9.45mil) in security services, plus other smaller items.