Bonuses are actually small - in comparison last proxy from INTC ('22 for '21) peers were receiving north of $1.5M and Pat around $5M in cash bonus alone, which is in line with the norm for companies of similar size which performed reasonably well. From that my conclusion is that the recession is hitting AMD as well, and top exec pay certainly reflects it.In the end went to check AMD now, and their S16 officers are paid north of $600k in terms of base pay, with 125% bonus opportunity, so in a normal year - not overperforming, they would be making about $800k. Based on this article they will make less than half of target for last 12 months, implying that the company missed badly.

Source: CNN February 26, 2023 14:22 UTC