leadership
confidence high
sentiment neutral
materiality 0.40
Intel appoints former ASML CEO Eric Meurice and Microchip's Steve Sanghi to board
INTEL CORP
- Eric Meurice (ex-ASML CEO) and Steve Sanghi (Microchip chairman/interim CEO) appointed as independent directors, effective Dec 4, 2024.
- Meurice led ASML through a 5x market cap increase and the EUV Customer Co-Investment Program.
- Sanghi led Microchip for 30 years, achieving 121 consecutive quarters of profitability.
- Both receive standard non-employee director compensation; pro-rata RSU grant of ~$104,167 in Q1 2025.
- They have no family relationships or material transactions with Intel.