Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: The Duke of URL© who wrote (178844)	7/23/2004 11:30:11 AM
From: Jim McMannis	Respond to of 186894

RE:"40 Million dollars is the amount that leaps to mind when I try to remember what Pottruck was paid for being head of the compensation committee for intel." Wow, that's some kind of Pot-luck...

To: The Duke of URL© who wrote (178844)	7/23/2004 11:30:14 AM
From: Elmer Phud	Read Replies (1) \| Respond to of 186894

Duke 40 Million dollars is the amount that leaps to mind when I try to remember what Pottruck was paid for being head of the compensation committee for intel. Perhaps you could provide a link?

To: The Duke of URL© who wrote (178844)	7/24/2004 4:40:34 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Duke, he was not head of comp committee at the time I looked at it. Also, I'm absolutely positive Intel did not grant him 40m (it's possible Intc split a zillion times, but that's altogether a different thing.) Btw, State of CA has VERY strict laws about compensation committees and BODs, and you can absolutely bet that Intel is obeying these. (For example, as a board member, you can't vote on how much you think you're worth, you have to recluse yourself. You can't be apart of the committee where your comp gets set, and so on.) His pay did look on the higher side, but Intel seems to hit the middle of industry norms. If there's an issue, then the issue would be with industry norms. But again, your figure mistates what was granted. Regards, Amy J