Big Pay, Short Stays for Hardware Chiefs
By: Wall Street Journal
August 4, 2018
It’s been a volatile year at the top of the semiconductor and hardware business.
Four of the 21 largest such firms in the S&P 500 sector switched CEOs this year, and some of them were among the highest paid in the industry, according to The Wall Street Journal’s analysis of pay data from MyLogIQ LLC.
Intel Corp. CEO Brian Krzanich resigned in June for violating company policy by having a relationship with a co-worker. Mr. Krzanich was the second-highest paid of the group at $21.5 million.
Texas Instruments Inc. TXN 0.78% changed CEOs in July when Brian Crutcher resigned for violating the company’s code of conduct related to personal behavior. Richard Templeton, who had stepped down as chief in January after 14 years in the role, reassumed his previous duties and made about $16.5 million in 2017.
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