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Form 8-K · Current Report · Filed 2024-12-05

Intel Appoints Semiconductor Leaders Eric Meurice and Steve Sanghi to Board of Directors

On December 4, 2024, Intel Corporation announced the appointments of Eric Meurice and Steve Sanghi to its Board of Directors, effective immediately.

Filer
Intel Corporation INTC · NASDAQ
Filed
Accession
0000050863-24-000180
CIK
0000050863
Signal
Medium impactTechnology

Details

Both Meurice and Sanghi bring extensive experience in the semiconductor industry, having served as CEOs of ASML Holding N.V. and Microchip Technology Inc., respectively. Their appointments are expected to provide valuable insights and perspectives as Intel navigates its corporate transformation and focuses on enhancing market competitiveness and profitability.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$21.96

Next session

-4.7%

Since filing

+310.7%

Latest close

$90.20

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from INTC reporting the same item, with the next session's move:

Exhibits (1)

About Intel Corporation

Intel Corporation is a multinational corporation and technology company known for its semiconductor products. As a leader in the global semiconductor industry, Intel primarily focuses on designing and manufacturing products like microprocessors, integrated graphics, and other computing components. These semiconductors are vital for the functioning of computers, laptops, and various consumer electronic devices. Intel's products play a crucial role in fields such as data centers, computing solutions, Internet of Things (IoT), and more. The company’s innovations in semiconductor design have significant implications for technology advancement, impacting industries ranging from personal computing to automotive technology. Founded in 1968 and headquartered in Santa Clara, California, Intel Corporation has been a pivotal player in pioneering advances in technology infrastructure worldwide, continuously pushing the boundaries of processing power and efficiency to support consumer electronics and enterprise technology needs.

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