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News in English (USA) / 06.12.2024 / 01:00

Intel Strengthens Board with Semiconductor Veterans Amid CEO Search

In a strategic move to navigate its ongoing CEO search, Intel has appointed semiconductor industry veterans Eric Meurice, a former ASML executive, and Steve Sanghi, the interim chairman of Microchip, to its Board of Directors. This decision comes after the exit of former CEO Pat Gelsinger, as Intel aims to bolster its leadership team with experienced figures from the chip sector. The addition of these two veteran leaders is seen as an effort to steer the beleaguered tech giant in a new direction, although concerns remain as the company faces challenges, including a significant drop in shares following the board changes.
Investor Relations :: Intel Corporation (INTC), CNN, "Toms Hardware", The Wall Street Journal, TechSpot, TheStreet, MarketWatch, "Investors Business Daily", CFO Dive, Fox Business