Intel Board of Directors Extends Andy Bryant’s Term as Intel Chairman until 2020
25 Março 2019 - 05:30PM
Business Wire
Intel Corporation today announced that its board of directors
had unanimously decided to extend Andy Bryant’s term as Intel
chairman for one additional year, to help support Intel’s
leadership transition. If Bryant is re-elected at Intel’s 2019
annual stockholders’ meeting, his term as chairman would continue
through the conclusion of Intel’s 2020 annual stockholders’
meeting. Bryant has informed the board that he does not expect to
stand for re-election again in 2020.
“I am honored to be nominated to serve as a director and Intel’s
chairman for another year,” Bryant said. “If re-elected by the
stockholders at our annual meeting in May, I look forward to
continuing to work with Bob, the board and the entire executive
team to continue Intel’s historic transformation to a data-centric
company. I expect this would be my last year of service as a
member of Intel’s board.”
“I am ecstatic that the board has extended Andy’s term for
another year,” Intel CEO Bob Swan said. “He has been a great
sounding board for me since I joined the company, and has been
especially invaluable to me while I have served in the interim and
now permanent CEO roles.”
Intel’s board of directors believes Bryant’s extensive expertise
and experience provide important leadership continuity as Intel
undergoes a CEO transition at a time of substantial business
transformation. Bryant has worked at Intel for 38 years in a
variety of senior executive positions, including as chief financial
officer and chief administrative officer, and has served as Intel’s
chairman for the past seven years.
About Intel
Intel (NASDAQ: INTC), a leader in the semiconductor industry, is
shaping the data-centric future with computing and communications
technology that is the foundation of the world’s
innovations. The company’s engineering expertise is helping
address the world’s greatest challenges as well as helping secure,
power and connect billions of devices and the infrastructure of the
smart, connected world - from the cloud to the network to the edge
and everything in between. Find more information about Intel at
newsroom.intel.com and intel.com.
Important Additional Information and Where to Find It
Intel, its directors, and certain executive officers may be
deemed to be participants in a solicitation of proxies from Intel’s
stockholders at its 2019 Annual Stockholders’ Meeting in connection
with the disclosure of the nomination of Mr. Bryant as a director
in this press release. Information regarding Intel’s directors and
executive officers and their respective interests in Intel, by
security holdings or otherwise, will be set forth in Intel’s
Definitive Proxy Statement for its 2019 Annual Stockholders’
Meeting when it is filed with the Securities and Exchange
Commission (the SEC), and other reports filed by Intel and
ownership forms filed by the directors and executive officers with
the SEC. Intel will also furnish its Definitive Proxy Statement for
its 2019 Annual Stockholders’ Meeting to stockholders entitled to
vote at the meeting. Intel urges its stockholders to carefully read
the Definitive Proxy Statement for its 2019 Annual Stockholders’
Meeting, and any other relevant documents filed by Intel with the
SEC, when available because they will contain important
information. Stockholders may obtain free copies of the materials
referenced above at www.sec.gov or www.intc.com.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.
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version on businesswire.com: https://www.businesswire.com/news/home/20190325005664/en/
Tushar JainInvestor
Relations408-653-9488tushar.jain@intel.com
Cara WalkerMedia Relations503-696-0831cara.walker@intel.com
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