Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 23 August 2010 10:57

One winner out of the Intel/McAfee buyout

Written by Nick Farell
mcafee_logo

This guy is so lucky he should buy a lottery ticket
One of the winners of last weeks Intel/ McAfee buy out is the security outfit's new chief financial officer Jonathan Chadwick. Two weeks before the buy out he was awarded some stock options as part of a lucrative compensation package.

Chadwick was given 97,000 performance-related stock options and 125,000 restricted stock options on 6 August. It was worth about $6.7million which is nothing to be sneezed at.

Now he has just seen those stock options increase in value by $4m following the firm’s takeover by Intel. His package is now valued at up to $10.7million and he has not really started work yet.

The shares are subject to a number of targets and stipulations, including his continued service for the firm. It is not sure if he will be continuing with the firm now but he should be laughing all the way to the bank.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments