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Benzinga
Benzinga
Business
Anusuya Lahiri

Here's How Much Intel CEO Pat Gelsinger Earned Versus Average Worker Compensation In 2021

Intel Corporation Patrick Gelsinger United States Nasdaq Bob Swan INTC Tim Cook Apple European Union
  • Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger has earned 1,711 times as much as the average worker at the U.S. chipmaker since he joined in February 2021.
  • Former CEO Bob Swan had earned 217 times more than the average Intel employee in 2020.
  • Gelsinger earned $178.6 million in 2021, with stock awards accounting for 79% of his total compensation, 698% higher than Swan's 2020 pay.
  • Apple Inc (NASDAQ:AAPL) CEO Tim Cook earned 1,447 times the average employee's salary at the tech giant in 2021. 
  • Gelsinger showcased a turnaround strategy for Intel to regain its dominance in the semiconductor industry just after taking charge.
  • Recently, Intel revealed a $88 billion investment plan spanning six European Union countries.
  • Price Action: INTC shares traded lower by 1.74% at $54.34 on the last check Wednesday.
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