Featured Articles

Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia Shield Tablet 32GB 4G LTE out for pre orders

Nvidia has finally revealed the shipping date of its Shield Tablet 32GB in 4G LTE flavour and in case you pre-order…

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