Intel Corp Reports Officer and Director Changes
Ticker: INTC · Form: 8-K · Filed: Aug 22, 2024 · CIK: 50863
| Field | Detail |
|---|---|
| Company | Intel CORP (INTC) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, officer-appointment, director-election, compensation
Related Tickers: INTC
TL;DR
Intel's board and execs are shuffling, with new appointments and compensation details filed.
AI Summary
Intel Corporation filed an 8-K on August 22, 2024, reporting changes effective August 19, 2024. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers.
Why It Matters
Changes in corporate leadership and compensation structures can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in key personnel and executive compensation can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- INTEL CORP (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- August 19, 2024 (date) — Earliest event reported
- August 22, 2024 (date) — Date of report
FAQ
What specific roles have seen changes in officers or directors?
The filing indicates changes related to the departure of directors or certain officers, election of directors, and appointment of certain officers, but does not specify the exact roles within this excerpt.
Are there any details on new compensatory arrangements for officers?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item of report, suggesting such details are included, though not provided in this excerpt.
When were these changes officially reported?
The Form 8-K was filed as of August 22, 2024.
What is Intel Corporation's principal executive office address?
Intel Corporation's principal executive offices are located at 2200 Mission College Boulevard, Santa Clara, California 95054-1549.
What is the SIC code for Intel Corporation?
The Standard Industrial Classification (SIC) code for Intel Corporation is 3674, Semiconductors & Related Devices.
Filing Stats: 469 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-08-22 16:24:22
Key Financial Figures
- $0.001 — ange on which registered Common stock, $0.001 par value INTC Nasdaq Global Select Mar
Filing Documents
- intc-20240819.htm (8-K) — 22KB
- intc-20240819_g1.jpg (GRAPHIC) — 5KB
- 0000050863-24-000134.txt ( ) — 156KB
- intc-20240819.xsd (EX-101.SCH) — 2KB
- intc-20240819_lab.xml (EX-101.LAB) — 21KB
- intc-20240819_pre.xml (EX-101.PRE) — 12KB
- intc-20240819_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election of Directors; Appointment
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Director On August 19, 2024, Lip-Bu Tan informed the board of directors (the "Board") of Intel Corporation (the "Company") that he was resigning from the Board, effective immediately. Mr. Tan's decision is a result of demands on his time. "I am grateful for the opportunity to serve on the Intel Board of Directors. This is a personal decision based on a need to reprioritize various commitments and I remain supportive of the company and its important work," he said. The Board thanks Mr. Tan for his contributions during his tenure.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTEL CORPORATION (Registrant) Date: August 22, 2024 By: /s/ April Miller Boise April Miller Boise Executive Vice President and Chief Legal Officer