secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0001193125-22-178756
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Intel appoints Scott Gawel as Chief Accounting Officer effective July 6, 2022
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- Scott Gawel, former Oracle SVP and Corporate Controller, becomes Intel CAO effective July 6, 2022.
- Base salary of $475,000; annual cash bonus target of $475,000; annual RSU target of $1.5M.
- Make-whole compensation: $2M in RSUs and $2.5M cash bonus payable in three annual installments.
- Cash bonus subject to repayment if Gawel voluntarily leaves or is terminated for cause within one year.
- Gawel enters standard officers’ indemnification agreement with Intel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000119312522178756/0001193125-22-178756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000119312522178756/d367376d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-178756

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