DHAKA: World's largest and highest valued semiconductor chip makers Intel Corporation’s chief executive Brian Krzanich received $11.2 million in compensation in 2014, up about 17 percent from $9.6 million the year before.

Krzanich saw his base salary rise to $1 million in 2014 from $887,500 in 2013, and his stock awards increase to $6.6 million from about $5.3 million. Non-equity compensation also grew, to $3.4 million in 2014 from $1.9 million a year earlier.

According to an annual compensation survey of The Wall Street Journal that analyzed data from the 300 largest US-traded public companies by revenue, CEO pay rose a median of 5.5 percent to $11.4 million in 2013.

The survey found the top 10 percent of CEOs by pay earned 23 percent of the total compensation, while the bottom 30 percent accounted for just 13 percent of the total.

The three highest-paid CEOs – Oracle Corp.’s Larry Ellison, CBS Corp.’s Leslie Moonves and Liberty Global PLC’s Michael T. Fries – made a total of $188 million in 2013, more than the combined pay of the 50 CEOs at the bottom of the list.

Krzanich’s 2013 salary ranked at 199.

Source: Wall Street Journal

BDST: 1249 HRS, APR 04, 2015