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Intel announces that three board members retire after Shake-Up CEO

On August 1, 2024, the sign was located in front of the Intel -Clary Kara, California Intel headquarters.

Justin Sullivan | Getty Images | Gets the image

Three members Intel’s The Board of Directors will not advocate the re -election in May, the company said Submission on Thursday.

Omar Ishrak, former CEO of the company Physician; Riza Lavitzo-Mew, doctor and Beauty; And Tsu-Ji King Liu, Dean of the College of Engineering at the University of California, Berkeley, will retire from the council at the Intel annual meeting in May.

Intel nominated 11 directors who are currently working in the Council, including the new CEO of Lip-Bu Tan.

Shake-Up comes after Intel called tan to head combat manufacturers chips earlier this month, Replacing Pat HelingerWho left the company in December. Over the past year, Intel’s shares have fallen by almost 49%, due to the concern of the company’s costs to new chips and its miserable market share in artificial intelligence chips.

Tan will speak publicly next week at the Intel Vision event in Las Vegas. It is expected that he will go to the ballroom of the heads of technology of enterprises about the future Intel. A conversation called “New Intel”.

Intel seeks to have the right mix of “skills, qualifications and technical expertise” in his board of directors, the chairman of the board Frank Hoda wrote in a letter to shareholders.

“With the help of Lip-Bu, we are now on board, we continue to make an honest business assessment to rely on many strengths in Intel ways that will increase our profitability and attract additional profit for additional investments,” the village wrote.

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