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Whoa!..Did Intel Shareholders Just Cast A Vote Against Executive Compensation For Top Executives – $INTC $DIA

By John F. Heerdink, Jr.

Reportedly, Intel Corporation (INTC) shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger. About 1.78 billion votes were cast against executive compensation at the annual meeting and 921.2 million votes were cast in favor. Gelsinger earned more than 1,700 times the typical employee at the chip giant in 2021, according to a regulatory filing in March.

“We take our investors’ feedback very seriously, and we are committed to engaging with them and addressing their concerns,” Intel said in a statement.


Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally. To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page



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(Read Original Story: Intel shareholders reject compensation packages for top executives in Reuters)


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