Replies to post #11770 on Advanced Micro Devices Inc (AMD)

[misen]

The below-market option grants to CFO Rivet and others are common throughout the industry. I personally would much rather see Rivet earning $200,000 plus getting $75,000 of (effectively) free stock, than see him earning $275,000.

However, he's not making $200k per year. More like $425k. Salary -- before options and restricted stock grants.

http://techdeals.startup.findlaw.com/agreements/amd/rivet.emp.2000.09.27.html

Seems like a lot of money for a CFO of a company that hasn't been profitable for more than two-thirds of his employment.

Misen