Advanced Micro Devices CEO Derrick Meyer's 2010 pay jumps 22% to $5.5M
Advanced Micro Devices reports 2010 executive compensation
By ExecPay News
Published: March 10, 2011
Advanced Micro Devices reported fiscal year 2010 executive compensation information on March 10, 2011.
In 2010, six executives at Advanced Micro Devices received on average a compensation package of $3.9M, a 18% increase compared to previous year.
Derrick R. Meyer, Chief Executive Officer, received $5.5M in total, which increased by 22% compared to 2009. 46% of Meyer's compensation, or $2.5M, was in stock awards. Meyer also received $2.1M in option awards, $925K in salary, as well as $10K in other compensation.
Thomas M. McCoy, Former Executive Vice President Legal and Public Affairs, received a compensation package of $4.8M, which increased by 323% compared to previous year. 84% of the compensation package, or $4M, was in bonus.
Rick Bergman, Former Senior Vice President and General Manager, Products Group, earned $3.4M in 2010.
Emilio Ghilardi, Former Senior Vice President, Chief Sales Officer, received $3.4M in 2010, which increases by 33% compared to 2009.
Thomas J. Seifert, Chief Financial Officer, earned $3.4M in 2010, a 96% increase compared to previous year.
Harry A. Wolin, General Counsel, received $2.8M in 2010.
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