With more than a decade of experience in investment, as well as extensive operating experience in the technology world, Vab Goel currently evaluates and invests in new technology and cutting-edge tech companies as a General Partner at Norwest Venture Partners (NVP). Since 2000, Goel has been invaluable in assessing the investment potential of tech start-ups [...]
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AMD CEO’s battle plan lacks detail: analysts | Reuters
February 4, 2012
(Reuters) – Advanced Micro Devices’ new chief executive’s aggressive plans for the company’s revival fell short of expectations as they offered no clear details, analysts said. Rory Read, who took over as CEO in August, said on Thursday the chipmaker would leverage its PC chip technology to enter the fast-growing tablet segment as well as [...]
Micron CEO Steve Appleton Dies in Stunt Plane Crash | News & Opinion | PCMag.com
February 4, 2012
Steve Appleton, chairman and CEO of flash memory manufacturer Micron, died Friday in a small plane crash at Boise Airport in Idaho. He was 51. “Our hearts go out to [Appleton's] wife, Dalynn, his children, and his family during this tragic time,” the company said in a statement. “Steve’s passion and energy left an indelible [...]
Ray’s compensation exceeds many local nonprofit leaders » Knoxville News Sentinel
February 4, 2012
Compensation for the embattled chief of Knoxville’s top tourism organization exceeds that earned by leaders of other local tax-exempt groups, according to documents filed with the Internal Revenue Service. Gloria Ray, president and CEO of the Knoxville Tourism and Sports Corp., has come under intense scrutiny because of an annual pay package that exceeds $400,000. [...]
Goldman’s Blankfein Awarded $7 Million in Stock for ’11 – Bloomberg
February 4, 2012
Goldman Sachs Group Inc. (GS), the fifth- biggest U.S. bank by assets, gave Chairman and Chief Executive Officer Lloyd Blankfein a $7 million restricted-stock bonus for 2011, a decrease from $12.6 million a year earlier. Blankfein, 57, received 61,702 shares on Feb. 1, according to a filing with the U.S. Securities and Exchange Commission. The [...]
IBM doubles new CEO’s salary | Crain’s New York Business
February 4, 2012
(Bloomberg) – International Business Machines Corp. almost doubled the salary of Virginia “Ginni” Rometty after promoting her as the CEO of the world’s largest computer-services provider at the start of the year. Ms. Rometty, 54, will receive a salary of $1.5 million this year, up from $800,000 last year, the Armonk, N.Y.-based company said Friday [...]
HP brings in new CEO with $16.5 million pay package tied mostly to company’s stock price – The Washington Post
February 4, 2012
SAN FRANCISCO — Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package that hinges on the one-time politician’s ability to lift the stumbling technology company’s stock price during the next two years. Last year’s pay consists almost entirely of 1.9 million stock options valued at $16.1 million, according to [...]
Zuckerberg’s One-Dollar Salary: Why Do CEOs Do That? | WebProNews
February 4, 2012
With Facebook’s IPO filing this week, lots of little tidbits of information about the company came to light. Josh Wolford has reported on the fact that, as of 2013, Facebook founder Mark Zuckerberg’s salary will be set at $1 per year. Zuckerberg is certainly not the only exec to do this. In the wake of [...]

February 4, 2012
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