secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2022-08-11T23:59:59+00:00
Accession:  0001193125-22-218541
Event type: leadership
Sentiment:  positive
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000119312522218541/0001193125-22-218541-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000119312522218541/d359017d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-218541

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