Advanced Micro Devices, Inc. (AMD) reported on July 2, 2024, via a Form 8-K filing with the SEC, executive compensation changes approved by the Board and the Compensation and Leadership Resources Committee. Effective July 1, 2024, AMD's CEO Lisa T. Su, CFO Jean Hu, CCO Philip Guido, and General Manager of Data Center Solutions Forrest Norrod will receive salary increases. Additionally, on August 9, 2024, they are set to receive equity awards under the 2023 Equity Incentive Plan, with varying target values and a mix of performance-based restricted stock units, stock options, and time-based restricted stock units. The awards are subject to performance criteria and vesting schedules, with the potential for adjustment in the event of a change in control of the company.

Advanced Micro Devices, Inc. (AMD) reported on July 2, 2024, via a Form 8-K filing with the SEC, executive compensation changes approved by the Board and the Compensation and Leadership Resources Committee. Effective July 1, 2024, AMD's CEO Lisa T. Su, CFO Jean Hu, CCO Philip Guido, and General Manager of Data Center Solutions Forrest Norrod will receive salary increases. Additionally, on August 9, 2024, they are set to receive equity awards under the 2023 Equity Incentive Plan, with varying target values and a mix of performance-based restricted stock units, stock options, and time-based restricted stock units. The awards are subject to performance criteria and vesting schedules, with the potential for adjustment in the event of a change in control of the company.