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Intel board members retire ahead of annual shareholder meeting

Intel Corp. will see the retirement of three board members—Omar Ishrak, Tsu-Jae King Liu, and Risa Lavizzo-Mourey—who will not seek reelection at the annual shareholder meeting on May 6, reducing the board to 11 members. This change follows the appointment of new independent directors and comes after CEO Lip-Bu Tan replaced Pat Gelsinger amid concerns over the company's recovery pace. Chairman Frank Yeary emphasized the need for a balanced mix of skills and expertise on the board.
Tech in Asia
Intel Corp USA Frank Yeary Patrick P. Gelsinger Omar Ishrak Tsu-Jae King Liu Lip-Bu Tan Steve Sanghi Eric Meurice Risa Lavizzo-Mourey Show more
Business & Industry, News Article
05:00 30.03.2025

intel ceo pat gelsinger departs as turnaround efforts falter

Intel CEO Pat Gelsinger is stepping down as the company's efforts to recover from setbacks have faltered, leaving it trailing behind competitors. CFO David Zinsner and Michelle Johnston Holthaus, newly appointed CEO of the product group, will serve as interim co-CEOs while the board seeks a replacement. Frank Yeary will act as interim executive chair.
bloomberg.com
Intellicheck, Inc. USA Patrick P. Gelsinger David Zinsner Michelle Johnston Frank Yeary Show more
Technology & Innovation, News Article
14:41 02.12.2024
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