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Intel CEO’s salary takes a hit

The company has reported that its CEO’s pay in 2013 was valued at $9.6 million, down from $15.9 million the previous year

Intel has taken a few blows over the last couple of years as it struggles to gain a foothold in the mobile technology arena. From exploring partnerships with China’s largest search engine, to seeking to launch a pay-TV business, Intel has attempted a few projects that would effectively put its name on the map of mobile and newer technologies that are going full-steam-ahead. Despite these efforts, Intel has not been able to secure market share in up-and-coming technologies that would successfully push it forward into the next information age, and it has admitted so. Even the company’s chairman Andy Bryant came out last year with the admission that the company has “lost its way”. And the top executives are indeed feeling the burn: Chief Executive Brian Krzanich’s pay was nearly halved in 2013. 

The Wall Street Journal reports that Krzanich’s pay in 2013 was valued at $9.6 million, down from $15.9 million the previous year. He became CEO in May 2013, taking over for Paul Otellini, who stepped down.

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Juliana Kenny

Juliana Kenny is a contributor to, covering a range of topics including patent litigation, conflict mineral laws, executive compensation, and antitrust regulation. Juliana earned B.A.s...

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