In another piece of encouraging news for AMD, the company CEO, Dr. Lisa Du has become the first woman to top The Associated Press’ annual survey of CEO compensation. Her total salary for 2019 totaled to a whopping $58.5 million, thanks to AMD’s exceptional performance across the year.
Dr. Su’s paycheck for 2019 was four times higher than her last annual salary. The primary driving factors include rewards on the basis of performance such as the $53 million disbursed in stock awards and another $3 million in stock options. In comparison, the base salary was just $1 million with a performance-based bonus of $1.2 million.
The analysis of executive pay at companies in the S&P 500 was conducted for the AP by Equilar. It first began in 2019 and only includes CEOs who have been in their job for at least two whole years. Due to this, certain CEOs with paychecks eclipsing the AMD President’s were excluded.
Dr. Su’s salary was $13 higher than the highest-paid male CEO included in the survey, David Zaslav of Discovery. It was surprisingly twice as much as the next highest-paid woman CEO, Marillyn Hewson of Lockheed Martin who got $24.4 million.
AMD’s fortunes have turned around rapidly since the company launched the Zen-based Ryzen CPUs in 2017. Back then the company’s stock was valued at just $3. These days it’s hovering in the $50-60 range, a gain of 20x in less than half a decade. 2019 was also AMD’s strongest year financially, with profits and gross margins soaring to an all-time high.
The launch of the 7nm Zen 2 based notebooks earlier this year has started Team Red’s conquest of the mobile market for the first time in over a decade. With the launch of the Zen 3 processors and the Navi 2x GPUs in the coming months, AMD’s performance is only expected to improve.