INTEL CORPORATION (NASDAQ:INTC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
(b) On March 2, 2017, John J. Donahoe informed Intel Corporation (“Intel”) that, in connection with his appointment as President and CEO of ServiceNow, Inc., a provider of enterprise cloud computing solutions, he will not stand for re-election to Intel’s Board of Directors (“Board”) when his current term expires at Intel’s 2017 Annual Stockholders’ Meeting. Mr. Donahoe, a member of the Board since 2009 and independent Lead Director since May 2016, will continue to serve as Intel’s independent Lead Director and will maintain his Board committee memberships until the 2017 Annual Stockholders’ Meeting.
About INTEL CORPORATION (NASDAQ:INTC)
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. INTEL CORPORATION (NASDAQ:INTC) Recent Trading Information
INTEL CORPORATION (NASDAQ:INTC) closed its last trading session down -0.33 at 35.57 with 24,416,732 shares trading hands.