8-K
filed January 10, 2022, 6:59 PM ET
ticker INTC
CIK 0000050863
leadership
confidence high
sentiment neutral
materiality 0.70
Intel appoints David Zinsner CFO effective Jan 17; Michelle Holthaus to lead Client Computing Group
INTEL CORP
- David Zinsner appointed EVP and CFO effective Jan 17, 2022; base salary $800k, target bonus $1.32M, annual equity target $8.25M.
- Zinsner receives make-whole equity of $5M PSUs and $12M RSUs, plus $2M cash bonus with 2-year clawback.
- Current CFO George Davis steps down Jan 17, remains as Executive Advisor until retirement in May 2022.
- Gregory Bryant resigns as EVP & GM of Client Computing Group effective Jan 31, 2022.
- Michelle Johnston Holthaus named new GM of CCG; James Johnson interim head of CCG effective immediately.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.9
Michelle Johnston Holthaus was named as General Manager of the Client Computing Group at INTEL CORP.
- Action
- named
- Role
- General Manager of the Client Computing Group
Exact text from the filing
Michelle Johnston Holthaus, Intel’s Executive Vice President and General Manager of the Sales, Marketing, and Communications Group (“SMG”), has been named to replace Mr. Bryant as General Manager of CCG.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.8
James Johnson was appointed as Interim Head of Client Computing Group at INTEL CORP.
- Action
- appointed
- Role
- Interim Head of Client Computing Group
Exact text from the filing
James Johnson, Intel’s Senior Vice President, CCG, will serve as the interim head of CCG effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gregory M. Bryant resigned as Executive Vice President and General Manager of the Client Computing Group at INTEL CORP.
- Action
- resigned
- Role
- Executive Vice President and General Manager of the Client Computing Group
Exact text from the filing
On January 5, 2022, Gregory M. Bryant, Executive Vice President and General Manager of the Client Computing Group (“CCG”) of Intel notified Intel of his decision to resign, effective as of January 31, 2022, in order to pursue another career opportunity.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David A. Zinsner was appointed as Executive Vice President and Chief Financial Officer at INTEL CORP.
- Action
- appointed
- Role
- Executive Vice President and Chief Financial Officer
Exact text from the filing
On January 10, 2022, Intel Corporation (“Intel”) announced that its Board of Directors (the “Board”) appointed David A. Zinsner as Executive Vice President and Chief Financial Officer, effective as of January 17, 2022 (the “Effective Date”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
George Davis departed as Chief Financial Officer at INTEL CORP.
- Action
- stepped down
- Role
- Chief Financial Officer
Exact text from the filing
George Davis will step down as Chief Financial Officer and principal accounting officer as of the Effective Date and will serve as Executive Advisor until he retires from Intel in May 2022.
View on SEC.gov
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