Alexander KarpAlexander Karp earned $1B in 2024

In 2011, Derrick R. Meyer earned $14.49M in total compensation at Advanced Micro Devices, including $83.62K salary and $5.73M in stock. Led Advanced Micro Devices as CEO for 2 years.

Compensation History

Annual executive compensation data for Derrick R. Meyer, including salary, bonuses, and stock awards.

Year

2011

Total Compensation

$14.49M

Salary

$83.62K

Bonus

$0.00

Other

$8.68M

Salary

$83.62K

Board Justification

The compensation philosophy emphasizes retention and continuity during executive transitions, aligning compensation with company performance and individual contributions.

Bonus

$0.00

Board Justification

No cash performance bonus was awarded as Mr. Meyer resigned before the performance period.

Other Compensation

$8.68M

Board Justification

This includes a separation payment of $8,550,000, interest on this amount, and other benefits paid in connection with his resignation.

Restricted Stock

$5.73M706.85K RSU

Board Justification

All RSUs vested upon resignation due to the terms of his employment agreement and separation agreement.

Performance Metrics

Performance metrics were not applicable for Mr. Meyer as he resigned before the performance period.

A

Derrick R. Meyer

Ex-CEO of Advanced Micro Devices

Education

Bachelor's degree from Friedrich Alexander University; Master's degree in Mathematics and Economics from Wayne State University; Master's degree in Business Administration from Friedrich Alexander University.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

January 1, 1963 - 62 years ago

CEO of Advanced Micro Devices for

2 years 5 months (Jul 2008 - Jan 2011)

Previous Experience

Executive Vice President, Computation Products Group at AMD

Holdings

Track Derrick R. Meyer's stock holdings and portfolio value over time.

Insider Trading

Derrick R. Meyer's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

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