Sunday, July 7, 2019

Intel Top-Tier Executives Average Pay Raise Was 11.3% Per Year During the Past Ten Years (2009-2018)

From Company Proxy Statement filings with the SEC, below are Intel's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

The well-run Intel is the 28th Dow Industrial Company I have researched so far on Top-Tier Executives Average Long-term % Pay Raises Per Year.   

To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.  

And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives.  This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades  .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.

Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive. 

I will continue this same research for the 2 remaining Dow Companies (Microsoft and Apple), then combine all 30 Dow Industrial Companies together since I will then have a large enough group of Top-Tier Executives which will  result in solidly-valid overall results and then turn my attention to many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Intel 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Robert Swan CEO     16,707     11,115  N/A   N/A 
Steven Rodgers EVP and General Counsel  N/A   N/A 
Venkata Renduchintala, Chief Engineering Officer     13,132     13,819     13,819     20,448  N/A   N/A 
Navin Shenoy EVP&General Mgr,DataCenterGrp     10,365     15,290  N/A   N/A 
Brian Krzanich Former CEO  N/A   N/A      21,545     19,079     19,079     14,634     14,634     11,197     11,197       9,554
Andy Bryant Chairman of the Board       4,073       4,149       4,149       6,965       6,965       7,543       7,543       6,436
Diane Bryant FormerPresidentDataCenter Group     13,117       6,420  N/A   N/A 
Stacey Smith FormerPresMfgingOperations&Sales       8,830       7,808       7,808       7,094       7,094       6,965       6,965       6,460
William Holt Former EVP Tech&Mfging Group  N/A   N/A        5,526       6,600  N/A   N/A 
Renee James President  N/A   N/A        8,808       9,367       9,367       8,030
Totals     40,204     40,224     61,384     57,904     31,036     28,693     43,027     41,672     35,072     30,480
Annual % Change 0.0% 6.0% 8.2% 3.3% 15.1%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Intel 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Brian Krzanich Former CEO       9,554     15,875     15,875       4,960       4,960       5,012  N/A   N/A     
Andy Bryant Chairman of the Board       6,436       6,927       6,927       7,246       7,246       8,451       8,451       6,393       6,393       4,565
Stacey Smith FormerPresMfgingOperations&Sales       6,460     15,399     15,399       6,388       6,388       5,314       5,314       4,938       4,938       3,849
Renee James President       8,030     15,317     15,317       4,997       4,997       5,010  N/A   N/A     
Paul Otellini Former President and CEO  N/A   N/A      18,981     17,492     17,492     15,653     15,653     14,582     14,582     12,408
Perlmutter Former EVP Chief Product Officer       7,648     16,560     16,560       7,214       7,214       7,159       7,159       6,411       6,411       5,122
Douglas Melamed SVP and General Counsel       5,517       5,360  N/A   N/A     
Sean Maloney EVP Architecture Group       6,394       5,123
Totals     38,128     70,078     89,059     48,297     53,814     51,959     36,577     32,324     38,718     31,067
Annual % Change -45.6% 84.4% 3.6% 13.2% 24.6%
10 Year Avg Per Year % Change 11.3%