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Intel adds chip experts to board amid CEO search
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Intel adds chip experts to board amid CEO search

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Intel has appointed Eric Meurice, former CEO of ASML, and Steve Sanghi, interim CEO of Microchip Technology, to its board of directors.

Their appointments, effective immediately, address a gap in semiconductor expertise on Intel’s board since Lip-Bu Tan’s departure in August.

This move occurs as Intel searches for a replacement for former CEO Pat Gelsinger.

CFO David Zinsner and product chief MJ Holthaus are currently serving as interim co-CEOs.

Recent Intel developments

Timeline
05-Dec-2024 🔍 Intel seeks new CEO with manufacturing expertise
  • Intel seeks new CEO after Gelsinger’s exit
  • Focus on manufacturing and product development skills
04-Dec-2024 📉 Intel shares drop 6% as CEO exits amid struggles
  • Intel shares plunge 6% after CEO departs.
  • Co-CEOs appointed amid ongoing search for replacement.
04-Dec-2024 🔍 Intel considers former board member for CEO
  • Intel searches for new CEO after Gelsinger’s exit
  • Lip-Bu Tan is a top candidate for the role
03-Dec-2024 📈 Intel names interim co-CEOs as Gelsinger steps down
  • Intel CEO Pat Gelsinger retires effective immediately
  • David Zinsner and Michelle Holthaus named interim co-CEOs
26-Nov-2024 💻 Intel nears $8b Chips Act grant amid financial woes
  • Intel nearing $8B Chips Act grant for expansion
  • Follow-up on $3B defense contract for chip production

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