By Katherine Hamilton
Advanced Micro Devices Chief Executive Lisa Su is getting a pay raise and an equity award with a target value of $33 million.
The chipmaker on Wednesday disclosed its executive team's pay packages for the fiscal year ahead, which included bumping its chief executive's base salary to $1.32 million from $1.26 million.
Su made a total compensation of $31 million in 2024, which included $21.7 million in stock awards and $6.2 million in other awards.
Su is the only AMD executive who is set to make a base salary of over $1 million this year, and her long-term incentive equity award is by far the highest. Chief Technology Officer Mark Papermaster falls in second place with a $10 million target-value award and $870,000 salary.
All of the five executives included in the securities filing are getting a raise between 3% and 5%.
Su's award will be converted on Aug. 15 into a mix of 75% performance-based restricted stock units and 25% time-based stock options.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
07-02-25 1658ET
