AMD approved base salary increases effective July 1, 2026 and scheduled long-term equity awards (Grant Date August 15, 2026) for five named executives.
| IndividualLisa T. SuJean HuMark PapermasterDarren GrasbyForrest Norrod | RoleChair, President and Chief Executive OfficerExecutive Vice President, Chief Financial Officer and TreasurerExecutive Vice President and Chief Technology OfficerExecutive Vice President, Chief Sales Officer and President EMEAExecutive Vice President and General Manager, Data Center Solutions | Type of ChangeBase salary increase; Long-term incentive award granted on Grant DateBase salary increase; Long-term incentive award granted on Grant DateBase salary increase; Long-term incentive award granted on Grant DateBase salary increase; Long-term incentive award granted on Grant DateBase salary increase; Long-term incentive award granted on Grant Date | Effective DateBase salary: July 1, 2026; Grant Date: August 15, 2026Base salary: July 1, 2026; Grant Date: August 15, 2026Base salary: July 1, 2026; Grant Date: August 15, 2026Base salary: July 1, 2026; Grant Date: August 15, 2026Base salary: July 1, 2026; Grant Date: August 15, 2026 | ReasonApproved by Board and Compensation and Leadership Resources Committee (compensation adjustment)Approved by Board and Compensation and Leadership Resources Committee (compensation adjustment)Approved by Board and Compensation and Leadership Resources Committee (compensation adjustment)Approved by Board and Compensation and Leadership Resources Committee (compensation adjustment)Approved by Board and Compensation and Leadership Resources Committee (compensation adjustment) | Replacement InfoNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed | Background DetailsTarget long-term award $36,000,000; 75% PRSUs / 25% RSUs; PRSU performance and EPS modifiers describedTarget long-term award $9,000,000; 60% PRSUs / 40% RSUs; PRSU performance and EPS modifiers describedTarget long-term award $10,000,000; 60% PRSUs / 40% RSUs; PRSU performance and EPS modifiers describedTarget long-term award $7,500,000; 60% PRSUs / 40% RSUs; PRSU performance and EPS modifiers described; salary shown converted from GBPTarget long-term award $8,000,000; 60% PRSUs / 40% RSUs; PRSU performance and EPS modifiers described | Board/Committee Role ChangesNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed |
Original SEC Filing:
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