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Advanced Micro Devices, Inc. announced compensation adjustments for several key executives approved by its Board of…

AMDAdvanced Micro Devices Inc

Advanced Micro Devices, Inc. announced compensation adjustments for several key executives approved by its Board of Directors. Effective July 1, 2026, annual base salaries will increase for CEO Lisa T. Su to $1,375,000, CFO Jean Hu to $850,000, CTO Mark Papermaster to $900,000, CSO Darren Grasby to $843,866, and EVP Forrest Norrod to $800,000. Additionally, the company will grant long-term equity awards on August 15, 2026, consisting of performance-based and time-based restricted stock units. Target award values include $36,000,000 for Dr. Su, $10,000,000 for Mr. Papermaster, $9,000,000 for Ms. Hu, $8,000,000 for Mr. Norrod, and $7,500,000 for Mr. Grasby. AMD is a semiconductor company that designs computing and graphics technologies.

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