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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.
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