Intel's severance package for Kissinger amounts to 260 million yuan
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Intel will pay former CEO Kissing $7.85 million (approximately NT$260 million) in severance, of which $7 million will be paid over 18 months. Kissing will forgo unvested stock compensation and comply with confidentiality and intellectual property obligations. Intel has appointed Chen Liwu as the new CEO, with an annual salary of $1 million, eligible for a 200% bonus over the next three years and $24 million in stock options
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