Alexander KarpAlexander Karp earned $1B in 2024

In 2014, Rory P. Read earned $2.97M in total compensation at Advanced Micro Devices, including $1.00M salary and $1.93M in stock. Most recently acquired 2,414 shares in Aug 2024. Currently holds stock worth $201.40M. Led Advanced Micro Devices as CEO for 3 years.

Compensation History

Annual executive compensation data for Rory P. Read, including salary, bonuses, and stock awards.

Year

2014

Total Compensation

$2.97M

Salary

$1.00M

Bonus

$0.00

Other

$39.29K

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes performance-based compensation, aligning executive pay with company performance and stockholder interests.

Bonus

$0.00

Board Justification

Mr. Read will receive a lump sum cash payment in the amount of the annual cash performance bonus that he would have earned with respect to fiscal 2014 under the terms of the EIP had he been employed by us on the date EIP bonuses were paid, calculated to be $495,000.

Other Compensation

$39.29K

Board Justification

Other compensation includes matching contributions to 401(k), life insurance premiums paid by the company, and spousal travel at company request.

Restricted Stock

$1.93M465.07K RSU

Board Justification

The stock awards that vested in 2014 include RSUs that were granted prior to 2014 and vested during the year.

Performance Metrics

The performance metrics for the CEO's compensation in 2014 were based on adjusted non-GAAP net income, revenue, adjusted non-GAAP free cash flow, and adjusted non-GAAP gross margin.

A

Rory P. Read

Ex-CEO of Advanced Micro Devices

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1960 - 65 years ago

CEO of Advanced Micro Devices for

3 years 1 month (Aug 2011 - Oct 2014)

Previous Experience

President and Chief Operating Officer at Lenovo Group

Holdings

Track Rory P. Read's stock holdings and portfolio value over time.

Total Stock Sold

$15.43M

DELL

$15.43M

572,327.84 DELL shares

What if they kept their stock?

If Rory P. Read didn't sell their stock, today they would have:
Extra DELL572,327.84 shares worth $79.50M.
This is 415.4% and $64.08M more than what they got when they sold the stock.

Insider Trading

Rory P. Read's recent stock transactions, purchases, and sales filed with the SEC.

BAH

2,414 shares

BAH

Aug 1, 2024

Received

BAH

2,595 shares

BAH

Aug 1, 2023

Received

BAH

1,779 shares

BAH

Jan 24, 2023

Received

DELL

25,035 shares

DELL

Mar 15, 2020

Received

DELL

$3.52M

DELL at $50.26/share

Jan 14, 2020

Sale

DELL

$3.59M

DELL at $51.24/share

Dec 30, 2019

Sale

DELL

$1.47M

DELL at $56.52/share

Jul 18, 2019

Sale

DELL

$1.36M

DELL at $56.62/share

Jul 17, 2019

Sale

DELL

$2.75M

DELL at $55.00/share

Jul 15, 2019

Sale

DELL

$2.70M

DELL at $54.03/share

Jul 12, 2019

Sale

Rivals

Compare Rory P. Read with competitor CEOs and industry peers.