Intel is paying over $23 million to bring in eBay’s former CFO (INTC)
|09/20/2016||Posted by BusinessMediaguide.Com under General World News||
Intel tapped Bob Swan to be its new CFO, replacing Stacy Smith who will now oversee the company’s sales, manufacturing, and operations.
Swan’s hiring was a bit of a surprise, given his lack of experience in the chip business. He was most recently a partner at private equity firm General Atlantic, and before that, has spent 9 years as eBay’s CFO.
But perhaps what’s more surprising is his lofty pay package that exceeds $23 million in total, according to a regulatory filing.
Swan will get an $850,000 base salary, but is eligible for an annual bonus of $1.2 million and a read more >>>