---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-218541"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T01:10:42.499249+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Intel elects Lip-Bu Tan, executive chairman of Cadence, to its board effective Sept. 1, 2022

## Summary
- Lip-Bu Tan elected to Intel's Board of Directors, effective September 1, 2022; will join the M&A Committee.
- Tan is executive chairman of Cadence Design Systems and chairman of Walden International.
- Standard non-employee director compensation: $90,000 annual cash retainer plus pro-rated RSU award of ~$146,667.
- No material interest in any related-party transactions reported.
- Tan brings extensive semiconductor, software, and venture capital experience to the board.

## SEC filing metadata
- accession: 0001193125-22-218541
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000119312522218541/0001193125-22-218541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000119312522218541/d359017d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-218541
- JSON: https://secwatch.observer/filing/0001193125-22-218541.json
- Plain text: https://secwatch.observer/filing/0001193125-22-218541.txt

## Key facts
- Executive change
  Lip-Bu Tan was elected as Director at INTEL CORP.
  - Action: elected
  - Role: Director
  source text: On August 8, 2022, the Board of Directors (“Board”) of Intel Corporation (“Intel”) elected Lip-Bu Tan to the Board, effective September 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/50863/000119312522218541/0001193125-22-218541-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.