Shattering the Glass Ceiling

Issue 21

06.01.20 - Lisa Su, the current CEO of AMD, was recently revealed as the highest paid CEO of any company in the S&P 500 last year. She is the first woman to reach the top of the annual review, which is compiled by the Associated Press and executive compensation analysis firm Equilar since it first began in 2011.

Su earnings totaled $58.5 million in 2019 - $13 million higher than the next-highest paid CEO. Discovery Inc’s David Zaslav came in second with earnings reaching $45.8 million. This recently released study examined compensation for CEOs of S&P 500 companies. Because the study looked at the compensation packages of executives from 2019, the results do not reflect the impacts of the current coronavirus pandemic - which has pushed many executives to forgo some or all of their compensation.

Su's compensation has risen sharply from previous years — thanks largely to a performance-based stock award. In 2019, she earned $1 million in base salary and a $1.2 million performance-based bonus.

After taking the helm at AMD in 2014, Su took a company on the verge of financial ruin and turned it into a top performer in the S&P 500 and a formidable competitor to Intel. The semiconductor company is now creating the technology to power cloud computing and gaming computers.

Su is one of a handful of women leading big tech companies and is one among 20 women who made the Equilar list, which featured a total of 329 executives. Also included in that 20 are Lockheed Martin's Marillyn Hewson, General Motors' Mary Barra, and former IBM, CEO Ginni Rometty, who stepped down in April.

After taking the helm at AMD in 2014, Su took a company on the verge of financial ruin and turned it into a top performer in the S&P 500 and a formidable competitor to Intel. The semiconductor company is now creating the technology to power cloud computing and gaming computers.

Source: Associated Press