Intel shareholders approve CEO Lip-Bu Tan’s salary, equity incentive plan, and in a broader restructuring plan

The big tech company, shareholder of Intel, approved the company's new equity incentive plan Tuesday, May 6, along with CEO (CEO) Lip-Bu Tan's annual compensation. Reuters.

According to the report, the new equity incentive program is designed to help companies retain their employees. Shareholders also approved the company's board of directors, even if three members do not represent re-election.

Shareholders of the large tech company also rejected three proposals that would allow the company to reconsider its operations in Israel, produce new reports on charitable donations and give shareholders the right to act through written consent, the agency's report shows.

(This is a developing story. Please come back and check out the update.)