secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0000050863-24-000180
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intel appoints former ASML CEO Eric Meurice and Microchip's Steve Sanghi to board
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000005086324000180/0000050863-24-000180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000005086324000180/intc-20241204.htm
  HTML page:      https://secwatch.observer/filing/0000050863-24-000180

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