AMD’s Bob Rivet gets a pay increase to $650,000

Iria · Nov 13, 2008, 06:35 AM

AMD’s board of directors approved a salary increase for its chief financial officer Bob Rivet, who recently also assumed the role of chief operating officer at the company. Rivet’s base salary will climb from $599,000 to $650,000 per year. Rivet also received an improved incentive plan that includes a bonus of up to 175% of his base salary instead of only 150%. Rivet’s total compensation for 2007 was about $4.3 million.
______________
Source: TG Daily

Nov 13, 2008, 06:35 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	AMD’s Bob Rivet gets a pay increase to $650,000 AMD’s board of directors approved a salary increase for its chief financial officer Bob Rivet, who recently also assumed the role of chief operating officer at the company. Rivet’s base salary will climb from $599,000 to $650,000 per year. Rivet also received an improved incentive plan that includes a bonus of up to 175% of his base salary instead of only 150%. Rivet’s total compensation for 2007 was about $4.3 million. ______________ Source: TG Daily